ABX soft launches

Allocated Bullion Exchange (ABX) has launched a global institutional electronic exchange for allocated physical precious metals, which will provide market participants integrated, transparent, and secure access to local markets and global liquidity pools.

First Published by e-Forex News: March, 2016

Tom Coughlin
Tom Coughlin

Allocated Bullion Exchange (ABX) has launched a global institutional electronic exchange for allocated physical precious metals, which will provide market participants integrated, transparent, and secure access to local markets and global liquidity pools.  Through its unique proprietary and online trading platform ‘MetalDesk’, ABX provides instant electronic global trading, price discovery, and clearing facilities to market participants worldwide, including all physical industry participants, wealth managers, brokerage platforms and investors. 

ABX CEO Tom Coughlin said: “At a time of high volatility in global markets and resurgent interest in precious metals, the launch of ABX is expanding access, enhancing efficiency and raising transparency in a market that historically has been opaque.”