Silver Fixing definition

Silver Fixing means the fixing of the price for one troy ounce silver stated in USD, such fixing taking place during the opening days of the London Bullion Market (or a succeeding market on which market participants in the London market for trading with silver trade in silver) at 13:00 (CET) according to the rules of the London Bullion Market Association (or a succeeding organisation representing market participants in the London market for trading with silver). In case the fixing of one troy ounce silver in USD according to the rules of the London Bullion Market Association (or a succeeding organisation representing the market participants in the London market for trading with silver) takes place at a time other than mentioned above, the conclusion of the price fixing at this other time shall be the time for the Silver Fixing.
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Examples of Silver Fixing in a sentence

  • Funds are allocated and available in the FY 2024-25 CIP utilizing funding from the 2024 Legislative Appropriation Transportation Projects Grant.

  • See Order Awarding Attorneys’ Fees, In re London Silver Fixing Antitrust Litig., Nos.

  • The submission must contain: (i) a heading that refers to this Action by case name and case number (In re London Silver Fixing, Ltd.

  • See, e.g., In re London Silver Fixing Antitrust Litig., Case No. 14-MD-2573 (VEC) (S.D.N.Y. Aug.

  • The information in these messages could have been used by BNP Paribas to predict the direction of the Silver Fixing, but the messages do not suggest that BNP Paribas was part of an agreement to manipulate the Fix Price, and the fact that this information was worth sharing suggests that the result of the Silver Fixing was otherwise uncertain to BNP Paribas.

  • A few of the chats describe the results of the Silver Fixing, essentially after-action reports, and suggest that the chat participants did not have foreknowledge of the Fix Price.

  • The chat messages that reference the Silver Fixing do not reference or suggest an overarching scheme to depress the Silver Fix and many are inconsistent with Plaintiffs’ theory that the Non-Fixing Banks had foreknowledge of the Fix Price.

  • Representative Plaintiffs have filed civil class actions, consolidated as In re London Silver Fixing, Ltd.

  • By way of example, The London Silver Market Fixing Ltd has announced that it intends to wind down the administration of the London Silver Fixing in August 2014.

  • Other chats reference apparently unilateral or bilateral attempts to manipulate the Silver Fixing.

Related to Silver Fixing

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