London Metals Exchange Gets Back in the Gold Game

The video discusses the challenges and efforts in launching gold contracts in London, a market with a 350-year history. It highlights the role of the London Metal Exchange and its partners in trying to establish a viable gold market amidst regulatory pressures and traditional OTC trading practices. The video also compares the LME's efforts with other platforms like CME Group, noting the mixed results in attracting futures business. Despite a slow start, trading activity is beginning to pick up.

What challenges have been faced in launching gold contracts in London?

How long has the gold market been operating in London?

What is the significance of the London Metal Exchange in the gold market?

What are the potential benefits of trading gold on an exchange compared to OTC?

What was the trading volume of gold lots mentioned in the text?