The Hong Kong Mercantile Exchange started trading a dollar-denominated silver futures contract on Friday. The contract for September delivery was quoted at $39.30 an ounce.
The new contract aimed at attracting investors from mainland China, but will take time to gain popularity as it faces tough competition from the dominant COMEX trading in Asian hours, traders said.
source: Reuters.
The new contract aimed at attracting investors from mainland China, but will take time to gain popularity as it faces tough competition from the dominant COMEX trading in Asian hours, traders said.
source: Reuters.
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