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CME Group plans more futures to shift money from metal to paper

Section: Daily Dispatches

CME to Seize on Popularity of Gold/Silver Ratio with New futures

By Tom Jennemann
FastMarkets.com, London
Thursday, September 15, 2016

The gold/silver ratio has been a fashionable topic in analyst reports and financial blogs for the past several years but trading the ratio has been complicated.

The CME Group is looking to remedy this problem. On Oct. 23 the exchange will launch precious metals spread and ratio futures contracts for gold/silver, gold/platinum, and platinum/palladium.

"This is a real example of our basic strategy going forward. We want to solve people's problems using the liquidity that we already have," Miguel Vias, CME Group head of precious metals, told FastMarkets.

"The gold/silver ratio is something that I used to trade frequently when I was a trader but it was relatively cumbersome to do on the OTC market. This will make it very easy to do. It will also be sized in a way that's accessible to a myriad of market participants. So it's just not meant for intuitional investors," he added. ...

... For the remainder of the report:

https://www.fastmarkets.com/base-metals-news/base-metals/focus-cme-to-se...



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