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LBMA chooses tech firms for new trade reporting
London Gold Market Boosts Transparency with New Platform
By Henry Sanderson
Financial Times, London
Wednesday, October 12, 2016
The London Bullion Market Association, which oversees the city's $5-trillion gold market, has named the financial technology firms that will run its electronic platform in an effort to bolster trading transparency for the precious metal.
Starting in the first quarter of next year, physical gold trades by LBMA members will be reported to a platform run by Boat Services, a London-based company that provides financial trading technology, and its partner Autilla, another fintech start-up.
The two companies have won the mandate over large exchange groups, including the London Metal Exchange, Intercontinental Exchange, and the CME Group, which also submitted proposals. ...
... For the remainder of the report:
https://www.ft.com/content/3115c2d0-8fd1-11e6-a72e-b428cb934b78
A Lone Congressional Candidate Is Campaigning on the Gold Standard
The New York Sun just endorsed Connecticut Republican congressional candidate Daria Novak, based on her support for restoring the gold standard:
http://www.nysun.com/editorials/a-prosperity-heroine/89742/
Daria needs us to contribute $1,000, $500, $250, $100, $50, or whatever we can afford in the fiat money that is sleeping in our checkbooks. As the Sun wrote, "She vows to crusade" on the gold standard "as key to getting job creation, economic security, and upward mobility back at a sizzling rate." Novak has been endorsed by gold standard and sound money advocates George Gilder, Lawrence Kudlow, Jimmy Kemp (Jack Kemp's son), and Jeffrey Bell ... along with Steve Forbes, who calls Ms. Novak "the prosperity heroine."
To donate to Daria's campaign, please visit:
http://novakforcongress.org/donate/
Daria will personally thank all contributors.
Daria Novak is gold's lonely champion. Give her your backing and put a voice for gold in Congress.
This message was authorized by Daria Novak for Congress.
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