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Message: Re: Shanghai Global Gold Fix
5
Nov 19, 2015 07:17AM

On November 30 the IMF Board will take it's decision on inclusion of the Yuan in the SDR basket of currencies, which would become effective by October 2016. The article below describes what the effect will be on the use of Yuan as a "freely usable currency" worldwide.

http://www.shanghaidaily.com/business/finance/Implication-of-yuans-coming-inclusion-in-SDR/shdaily.shtml

I believe that the timing of the Forex Industry Conference in Shanghai on December 8th is no coincidence. It takes place one week after the decision on the inclusion of the yuan in the SDR basket. Checking once more the Agenda of the Conference, I noticed that the Agenda has slightly changed since early november and that the topic on gold trading has been broadened. "New way for trading gold" has been replaced by: New Products, New Perspectives, Expending and Diversifying Your FX Business.

This makes sense, but I expect that Yuan denominated gold contracts will still have a prominent place in the discussions.


New Agenda

TUESDAY, DECEMBER 8, 2015

8:30 AM - 4:00 PM Registration
9:00 AM - 5:00 PM Exhibition Hall Open
9:30 AM - 9:40 AM Opening Remarks
9:45 AM - 10:25 AM Panel: New Products, New Perspectives, Expending and Diversifying Your FX Business
10:25 AM - 10:55 AM Morning Coffee Break / Exhibition Hall Networking
11:00 AM - 11:25 AM Key Note Session
11:30 AM - 12:00 PM Exhibition Hall Networking
12:00 PM - 1:00 PM Lunch
1:05 PM - 1:45 PM Panel: What's Next for the Chinese Market?
1:55 PM - 3:25 PM Speed Networking Session
3:30 PM - 4:00 PM Afternoon Coffee Break / Exhibition Hall Networking
4:05 PM - 4:30 PM Fireside Chat: FX Industry Investment Outlook
4:35 PM - 4:45 PM Closing Remarks
5:00 PM - 7:00 PM Cocktail Reception

Old Agenda

TUESDAY, DECEMBER 8, 2015

8:30 AM - 4:00 PM Registration
9:00 AM - 5:00 PM Exhibition Hall Open
9:30 AM - 9:40 AM Opening Remarks
9:40 AM - 10:20 AM Panel: New Ways to Trade Gold
10:20 AM - 10:50 AMMorning Coffee Break / Exhibition Hall Networking
11:00 AM - 11:25 AM Key Note Session
11:30 AM - 12:00 PMExhibition Hall Networking
12:00 PM- 1:00 PM Lunch
1:05 PM - 1:45 PM Panel: What’s Next for the Chinese Market?
1:55 PM - 3:25 PM Speed Networking Session
3:30 PM - 4:10 PM Fireside Chat: FX Industry Investment Outlook
4:15 PM - 4:45 PM Afternoon Coffee Break/ Exhibition Hall Networking
5:00 PM - 7:00 PM Cocktail Reception

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