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Sicom’s innovative new gold contract ready to roll


Singapore Commodity Exchange will open trading of its new Gold Deferred Settlement Contract on Tuesday March 30 at 9.38am Singapore time.

The contract’s unique feature is that it is priced as a spot contract with deferred settlement. Open positions at the end of each trading day are automatically rolled forward using current interest rates.

They are margined and marked to market daily based on the...

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