Global Precious Metals Code
“Global Precious Metals Code” or “Code” has been developed to provide a common set of guidelines to promote the integrity of the wholesale Precious Metals market.
The Code would generally apply to the relevant Precious Metals
Physical market (including but not limited to):
- Mining companies;
Financial institutions (including but not limited to):
- Asset/fund managers;
- Firms running high-frequency trading strategies;
- Brokers (including retail Precious Metals brokers), investment advisers,
- aggregators and analogous Intermediaries/Agents);
Sovereign wealth funds;
Benchmark execution service providers;
Affirmation and settlement platforms;
Benchmark process platform operators, i.e. LBMA Precious Metals prices.