ICE delays takeover of London’s silver benchmark to October 2

September 21, 2017

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ICE Benchmark Administration, a unit of Intercontinental Exchange (ICE), will take over as operator of London’s silver benchmark on October 2, a week later than planned, the exchange said on Thursday. Two current participants in the benchmark, Swiss bank UBS and China Construction Bank (CCB), are not featured in the line-up of entities taking part in the new benchmark process.

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