Gold Silver Reports ~ Allocated Bullion Exchange [ABX] has launched the world’s first global institutional e-Exchange for allocated physical precious~metals, which will provide market participants integrated, transparent, and secure access to local markets and global liquidity—pools.
ABX offers a modern, revolutionary solution to the precious metals industry by migrating the institutional trade and storage of physical precious metals into the electronic—environment and significantly reducing the barriers for entry to the wholesale physical bullion market, officials claimed.
“ABX’s open, efficient market with real—time rates discovery and transparency is an innovative disruptor to existing methods of physical bullion trading, which are slow, inefficient, inaccessible and lack transparency, resulting in high costs and creating a disincentive for precious metals producers, traders and investors,” as per official statement. ~ Neal Bhai Reports