LBMA Said to Invite LME, ICE to Propose Gold Trading Platform

  • CME also among firms asked to bid to create hub, people say
  • Decision on service provider to be made in second quarter

The London Metal Exchange and Intercontinental Exchange Inc. are among companies that have been invited by the London Bullion Market Association to submit proposals to develop a precious-metals trading platform in the city, according to two people familiar with the matter.

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