Allocated Bullion Exchange (ABX) Officially Soft-Launched

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Allocated Bullion Exchange (ABX) Officially Soft-Launched

Postby kreslik.news » Tue Feb 09, 2016 1:01 pm


The Allocated Bullion Exchange (ABX) has finally launched today as the world’s first global institutional electronic exchange for allocated physical precious metals. ABX sees itself as a disruptor to the existing methods of physical bullion trading, which it describes as “slow, inefficient, inaccessible and lack[ing] transparency, resulting in high costs and creating a disincentive for precious metals producers, traders and investors.”

Until now, the exchange was housed under Bullion Capital which has acted as ABX’s pre-launch test platform. Its proprietary online trading platform MetalDesk provides instant electronic trading, price discovery, and clearing facilities to market participants ... (read more)

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