HKMEx halts trading services as metal futures fail to take off

May 21, 2013 | 04:12 PM | Mark Burton

Tags  Hong Kong Mercantile Exchange, HKMEx, gold futures, copper contract, gold prices, Hong Kong, gold, copper Metal Bulletin

LONDON — The Hong Kong Mercantile Exchange (HKMEx) has voluntarily suspended all automated trading services in response to weak trading volumes seen on its flagship gold contract.

The exchange has stopped taking new orders, and all open positions are being financially settled at a price determined by HKMEx and its clearinghouse, LCH.Clearnet, the company said May 18. ....





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