ABX OTC
ABX introduces a standardised physical bullion trading and investment facility to the finance and bullion industries, enabling Participants to trade and invest in a simple, secure and highly accessible Marketplace.
As an OTC Market, trades are conducted on a principal-to-principal basis between approved ABX Members.
Utilising its proprietary electronic OTC trading platform, ABX will bring efficiency, transparency, and accessibility to the existing OTC bullion market, in addition to a diverse group of financial institutions currently seeking a bullion trading and investment solution. The improved speed, automation and quality of trade execution will strip away the traditional inefficiencies of bullion trade and investment.
ABX’s Members determine the real-time locational (loco) spot prices for gold, silver and platinum bullion in trading hubs around the world.
With the flexibility of OTC contracts, ABX offers standardised contract terms to meet the requirements of investors globally, enabling Members to trade physical bullion in multiple time zones and jurisdictions from one electronic platform.
Key Objectives
Connectivity: Connect global bullion traders and investors
Simplicity: Introduce simple and intuitive trading and storage solutions
Security: Ensure the highest physical bullion security and quality assurance is provided
Liquidity: Deliver deep and reliable physical market liquidity
Integrity: Bring integrity to the global physical bullion industry
Comprehensiveness: Provide a complete physical bullion trading and storage solution
Cost-effectiveness: Deliver a cost-effective trading and investment facility