Exclusive: London gold rush – ICE to launch clearing before banks are ready

Mar 15, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

LONDON (Reuters) – Intercontinental Exchange (ICE) is set to launch clearing for London’s benchmark gold price auction before participants are ready as it races to prevent rivals muscling in on the city’s $5 trillion-a-year bullion market, market and banking sources said.