Staff Reporter
,
Singapore
Singapore Exchange unit SICOM will begin trading its gold deferred settlement contract on 30 March 2010 to attract new investors.
Also as part of SGX's plan to boost its trading volumes, the new contract will allow investors to be exposed to the international spot gold price and not pay the full notional contract value, according to a Reuters report.
The contract, which will be priced in U.S. dollar per troy ounce, is made up of 10 troy ounces of gold with a minimum purchase requirement of 300 lots.
View the full report in Reuters.
Join
Investment Asia
community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!
