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Wednesday, December 14, 2005

NYMEX Electronic Gold Trading Growing


The open-outcry trading pits at the New York Mercantile Exchange's COMEX division represent the world's primary venue for trading gold and silver futures. But electronic trading of COMEX gold is pushing sharply higher, too. The COMEX electronic gold volume on the exchange's ACCESS trading platform is up 37.5% this year through November 30. The exchange announced Monday they had set a new yearly gold volume record. And COMEX gold electronic ACCESS trading set a one-day record on November 28, 2005 with 23,588 contracts traded.
Read more about the New York gold markets here!
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