LBMA Said to Enter Talks With Autilla, Boat on Gold Platform
- ‘No agreements have been signed,’ says Crowell, the LBMA’s CEO
- London is seeking to modernize its $5 trillion gold market
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The London Bullion Market Association has started negotiations with two financial technology firms to create a trading platform for precious metals, according to two people with direct knowledge of the matter.
The partnership between Autilla Ltd. and Boat Services Ltd. was selected for further talks, according to the people, who asked not to be identified because the discussions are private.