Singapore’s Abaxx Exchange to trade gold futures

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Singapore’s Abaxx Exchange plans to introduce gold futures in the coming months, ...

The contracts – which will be physically deliverable in Singapore – will seek to connect futures and physical markets in one location, tapping into Asia’s potential, according to Mr David Greely, chief economist at the bourse, which is majority-owned by Abaxx Technologies.
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More:
www.straitstimes.com

Singapore’s Abaxx Exchange plans gold futures as precious metal surges

The contracts will be physically deliverable in Singapore. Read more at straitstimes.com.
www.straitstimes.com www.straitstimes.com

Not sure if this will develop into something significant or be just another "failure to launch" Asian region project.
 
Somebody needs to create a 24hr city where trades can take place 24/7/365.
 
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