Allocated Bullion Exchange soft launches worldwide

Allocated Bullion Exchange (ABX) has launched what it claims is the world's first global institutional electronic exchange for allocated physical precious metals.

The firm says this will provide market participants integrated, transparent and secure access to local markets and global liquidity pools.

Through a proprietary and online trading platform ‘MetalDesk’, ABX says it can provide instant electronic global trading, price discovery and clearing facilities to market participants worldwide – including all physical industry participants, wealth managers, brokerage platforms and investors.