LME Taps Sinara for Forward Fixings Calculation

    • JP Carbonnier
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The London Metal Exchange will begin to provide daily fixing prices for gold forward contracts via third-party vendors in 2011, using technology from UK-based data software vendor Sinara Consultants to aggregate contributed quotes and calculate the fixings, officials tell Inside Market Data.

The exchange announced a collaboration with the London Bullion Market Association to collect data from LBMA market makers to derive daily gold forward fixings prices earlier this year (IMD, Sept. 24), and

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