What is the Chicago Mercantile Exchange? Discussion Comments ByMrMoody— On May 21, 2011 @everetra - That’s the way it has been. However, the Hong Kong Mercantile Exchange will get into gold futures trading very soon. When they do, Comex will no longer have a monopoly. ...
A gold futures contract traded on Comex is an agreement to receive or deliver (buy or sell) a certain amount of gold at an agreed-upon price at an agreed-upon point in the future. The price specified in the futures contract is set when the contract is made, not when the commodity is ...
Looking for online definition of COMEX or what COMEX stands for? COMEX is listed in the World's most authoritative dictionary of abbreviations and acronyms
In this article, we provide a detailed characterization of the intraday return volatility in gold futures contracts traded on the COMEX division of the New York Mercantile Exchange. The approach allows the study of intraday patterns, interday ARCH effects, and announcement effects in a coherent fram...
The LBMA Gold Price is in turn tied to the electronic trading of gold futures on the COMEX, part of CME Group (NASDAQ:CME). "The spot gold price is calculated using data from the front month futures contract traded on the COMEX,"according to gold dealer JM Bullion. "If the front month...
Gold futures are usually traded on the Comex, a futures and options market for commodities like silver, gold, aluminum, and copper. Gold certificate Nowadays, gold certificates are less popular than ETFs and gold futures. While they are still issued by some banks and companies in the U.S.,...
At the same time, you also had a huge spike of metal coming into the Comex at the same time. Well, what happens is banks and their broker dealers will create investment products. Think of it as during the movie, the big short, when Michael Berry went to one of the big...
is a widely recognized capitalization-weighted index of 500 common stock prices in U.S. companies. The Nasdaq Composite Index is a capitalization-weighted index of all Nasdaq National Market and SmallCap stocks. COMEX Gold represents the spot price for gold as traded on the COMEX commodity ...
such as gold, in an approveddepository. This is represented by the holding of COMEX-approved electronic depository warrants orwarehouse receipts, which are required to make or take delivery.
COMEX gold options actually use gold futures, rather than physical gold directly, and so arecash-settled. These gold futures have a contract size of 100troy ounceseach and requirephysical deliveryif not closed out.1 It is possible to experience significant losses with gold options. ...