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Market Chatter: Hong Kong Exchanges and Clearing Inches Closer to Gold Futures Relaunch

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-- Hong Kong Exchanges and Clearing (HKG:0388) is set to restart gold futures trading on the local bourse, with preparatory work on a central clearing system at its final stage, The (Hong Kong) Standard reported.

Joseph Chan Ho-lim, acting secretary for financial services and the Treasury, was quoted in the Monday report as saying that HKEX is expected to provide further details in due course, but that trial operations for the relaunch are expected within the year.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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