Watcher Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.


Welcome to Watcher Forum
 
HomeLatest imagesSearchRegisterLog in

 

 Hong Kong Mercantile Exchange to Close Monday Gold-Silver Paper Contracts have Cash Settlements

Go down 
AuthorMessage
Guest
Guest




Hong Kong Mercantile Exchange to Close Monday Gold-Silver Paper Contracts have Cash Settlements Empty
PostSubject: Hong Kong Mercantile Exchange to Close Monday Gold-Silver Paper Contracts have Cash Settlements   Hong Kong Mercantile Exchange to Close Monday Gold-Silver Paper Contracts have Cash Settlements I_icon_minitimeMon May 20, 2013 11:18 am

Contracts
will have Cash Settlements:SQ NOTE EVERYONE IS RUNNING OUT OF
DELIVERABLE SILVER AND GOLD FOR SETTLEMENT-HUGE HEADS UP!

http://news.goldseek.com/GoldSeek/1369077753.php




Hong Kong Mercantile Exchange to Close Monday, Gold and Silver Paper Contracts will have Cash Settlements









-- Posted Monday, 20 May 2013 | Share this article | 2 Comments[/size]


HONG KONG, 18 May, 2013:The
Hong Kong Mercantile Exchange (HKMEx) announces today it has decided
to voluntarily surrender the authorisation to provide automated trading
services (“ATS”) granted by the Securities and Futures Commission
(“the SFC”)
With
immediate effect, no new orders may be placed and all open positions
will be financially settled at the settlement price determined by HKMEx
and its designated clearinghouse.[/size]
The
voluntary surrender decision was made to enable the Exchange to
re-align its strategy with the new industry environment since its
trading revenues have not been sufficient to support operating expenses
and, as a result, its inability to meet the required regulatory
financial conditions.
Back to top Go down
 
Hong Kong Mercantile Exchange to Close Monday Gold-Silver Paper Contracts have Cash Settlements
Back to top 
Page 1 of 1
 Similar topics
-
» Hong Kong Riots
» Hong Kong Protesters Loaded into Trains; Destination . . . ???????
» Edward Snowden Leaves Hong Kong On Flight To Moscow
» Drone Clip Reveals Massive Size Of Hong Kong Protest
» CHINA RELEASES VIDEO OF ARMY PREPARING FOR HONG KONG INVASION

Permissions in this forum:You cannot reply to topics in this forum
Watcher Forum :: Welcome! :: General Discussion-
Jump to: