Singapore Gold Futures suspended due to lack of interest
Bullion.Directory precious metals news March 5, 2018
Alison Macdonald
Commercial Editor at Bullion.Directory
In a surprising circular dated 5 March, 2018, Alison King the Senior Vice President of Derivatives at Singapore Exchange Derivatives Trading (SGX) announced the immediate suspension of Singapore Kilobar Gold Futures Contracts (GD)
With the contract due to be rendered dormant on 19 March, 2018 clients are being advised to contact their SGX business managers with any questions:
The Exchange constantly reviews our product range to ensure that our products continue to meet the needs of our market participants. In view of the absence of trading interest, the Exchange will suspend the Singapore Kilobar Gold Contract (the “Contract”) from trading on SGX-DT with immediate effect, and the Contract will be made dormant on 19 March 2018.
The SGX Kilobar Gold Contract page is currently blank.
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