Do you remember the announcement made for the Shanghai yuan denominated gold fix to be launched late in 2015?
http://www.reuters.com/article/2015/06/25/china-goldconference-fix-idUSL3N0ZB1MP20150625
I just discovered that on 7-8 December there is a FX Conference in Shanghai and this is the Agenda for December 8th:
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
http://shanghai.fxic.com/#modern-organic-thai
I expect that the Allocated Bullion Exchange (ABX) will launch in its slipstream.
So better times may be ahead very soon.
DCFM