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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| CME Group Inc | NASDAQ:CME | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.17 | 0.08% | 207.65 | 198.00 | 219.00 | 207.92 | 202.775 | 205.86 | 2,065,363 | 05:00:02 |
From May 2019 to May 2024
LONDON--The 95-year-old London gold fix is poised to undergo a major overhaul, as the banks that set the daily benchmark begin the search for a third-party administrator to run the process, people with knowledge of the matter said Wednesday.
The move follows a similar shakeup to the silver fix, which is due to be replaced Aug. 15 by a new system provided jointly by CME Group Inc. and Thomson Reuters Corp.
The banks that currently operate the London gold fix--Barclays, HSBC, Bank of Nova Scotia and Société Générale--are seeking an independent chairman for the gold benchmark and a third-party administrator to operate it, the people said. They are also drawing up a new code of conduct for the benchmark, they said.
Write to Francesca Freeman at francesca.freeman@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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