London Fix definition

London Fix means the price of an ounce of Silver as set by three market members of the LBMA at approximately 12:00 noon, London time, on each working day.
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London Fix means the price for an ounce of silver set by three market making members of the LBMA at approximately 12:00 noon, London time, on each working day.
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London Fix means, in respect to -
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Examples of London Fix in a sentence

  • Market loss or gain is calculated as the difference between your original purchase price, and the bullion London Fix closing price on the 11th business day after your order date.

  • If the applicable London Fix is closed or otherwise unavailable, purchase orders will be priced based on the prevailing price, as quoted on New York Mercantile Exchange (NYMEX) If NYMEX and the applicable London Fix are both closed and/or unavailable, the purchase order will be held until the next business day and priced based on 2nd London Fix for Gold, Platinum, and Palladium for that day.

Related to London Fix

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • Reference Banks means, in the case of a determination of LIBOR, the principal London office of four major banks in the London inter-bank market and, in the case of a determination of EURIBOR, the principal Euro-zone office of four major banks in the Euro-zone inter-bank market, in each case selected by the Calculation Agent or as specified hereon.