Chicago, IL (PRWEB) April 02, 2011
According to FuturesOption.com, the international fervor that has swept through gold futures trading markets will likely result in yet continual additions of commodity exchanges as interest surrounding the metal continues to broaden across the globe. The materialization of late, occurring in Romania.
The most recent development, the gold futures contract by the BSE, is based on US dollars, the troy ounce and with maturities occurring in February, April, June, August, October & December. With final clearing price by the London Gold Market Fixing, Ltd. At least one market maker has been identified. The BSE is to act in addition to the country’s Sibiu Stock Exchange providing yet another exchange for trading the yellow metal.
The characteristics of the BSE Gold contract, as it stands, does have commonalities with other exchanges and, in particular, Gold specifications that are well set per the COMEX and that probably deserve a look. Visit for information on the trading specifications http://www.futuresoption.com/gold_futures_options.html
For traders of a certain kind, though, the furthering addition of the Gold contract by the BSE could slightly complicate matters, with so many choices already affecting the order and its parameters and trading activity. Which is why it is generally recommended when looking at exchanges, and especially new introductions, that a professional broker be consulted. Certainly for new contracts like the BSE Gold offering and this happening where trading activity has only about to start. For information on brokers visit the resource posted for convenience at http://www.futuresoption.com/commodity_futures_brokers.html
Other exchanges that trade gold contracts, have long since been well established with two or so exchanges trading heavy volumes such as the case with NYMEX, which is the most active exchange in precious metals. Visit for more information on the exchanges and what is traded at each http://www.futuresoption.com/commodity_trading_exchanges.html
The BSE contract will probably not be the final exchange to be affected by the metal. Facilitating activity beyond the corners of Bucharest and Romania for that matter.
# # #