Friday, September 9, 2011

Gold Daily and Silver Weekly Charts - Currency Wars, Margin Hikes, Failed Raids, Silver $1,200



The con...

Cleared OTC London Gold hike from $6751 to $9450 (40%.)

The Exchange (CME) acts as the clearer for these OTC products, eliminating counterparty risk (cash deals done in OTC space, is posted / converted into futures via the Clearport platform). The Exchange however does not post Open interest in these OTC cleared forwards.  

DATE : Thursday, September 8, 2011

NOTICE # : 11-317

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