CME, Shanghai Gold Exchange sign license deal

摘要

CME has signed a licensing agreement with the Shanghai Gold Exchange to use its PM Gold Price to underpin contracts scheduled to be launched in the fourth quarter of 2019, the futures exchange said Thursday. The tie-up marks the first step in promoting cross-market cooperation that will connect the global liquidity of CME Group’s COMEX gold futures to the world’s largest physical gold market in China through SGE, it added.