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NYSE Owner Launches Gold Futures in London

Original: NYSE Owner Launches Gold Futures in London https://www.wsj.com/finance/commodities-futures/nyse-owner-launches-gold-futu

Intercontinental Exchange, the owner of the New York Stock Exchange, has launched gold futures trading in London, according to the Wall Street Journal. The move brings gold derivatives trading to the UK market, long a global hub for physical bullion trading. Market watchers see it as a challenge to existing Comex dominance in gold futures.

Why now: The launch shifts gold futures trading to London and could reshape competition in commodity markets.

Intercontinental ExchangeNew York Stock ExchangeLondon

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