LBMA-i is the transparency service for the precious metals market. The service was formed in direct response to the demand for a simplified and cost-effective reporting service that improves transparency, generates liquidity and meets regulatory demand. Managed by Simplitium, the service collates anonymous and aggregated Trade Reporting data from LBMA members and publishes the total volumes traded.
LBMA-i market data will make it possible for market participants to gauge the size and shape of the precious metals market for the first time in history.
Initially, two reports will be made available:
1. Trade data for the previous week in all products and time buckets
2. All open trades in all products and time buckets
LBMA have today announced the launch date of 20 November 2018 to publish their precious metals market data through their trade reporting service, LBMA-i. The announcement will cover LBMA’s membership share of the loco London and loco Zurich OTC market and will reflect 5 day aggregate of trade data, with the intention of moving to daily reporting three months later. All LBMA Full Members, who trade in the precious metals markets, are expected to report trade data to the LBMA-i.Find out more
LBMA-i is in the finals of the S&P Global Metals Awards 2018 in the category Breakthrough Solution of the Year.
LBMA-i is the trade reporting service for the bullion market, delivered by Simplitium in partnership with Autilla. The service was formed in direct response to London Bullion Market Association’s (LBMA’s) demand for a cost-effective and simplified reporting vehicle that improves the transparency, generates liquidity and meets regulatory demand in the bullion market. To achieve this, the service collates anonymous and aggregated data from LBMA members and will begin publishing the total volumes traded in Q2 2018.Find out more
Following yesterday’s launch of the LBMA’s 2018 Precious Metals Forecast Survey, the LBMA hosted a debate on precious metal prices during 2018. Jon Spall, LBMA Senior Advisor and of G-Cubed Metals, moderated the debate between Rhona O’Connell, Head of Metals, Commodity Research and Forecasts, Thomson Reuters GFMS and Tom Kendall, Head of Precious Metals Sales, ICBC Standard Bank. Listen to the debate here.Find out more