The Real Asset Co. has initiated the first delivery of a silver futures contract on the Hong Kong Mercantile Exchange (HKMEx). The buyer and the seller of the silver futures contract are both clients of The Real Asset Co.
Lots of small investors trade futures contracts to get exposure to efficient gold and silver prices. Very few of these investors consider taking delivery because of the complications and costs. The Real Asset Co. wants to provide a delivery mechanism for these investors and bring the paper and physical precious metals market closer together
By leveraging our efficient marketplace and storage facilities with ViaMat in Hong Kong (which is also the depositary for silver futures on HKMEx) we allow investors to take or make delivery without any of the hassle normally associated with delivery of a futures contract. By having an account open with The Real Asset Co., you are set up to take or make delivery of a gold or silver futures contract on HKMEx. Visit The Real Asset Co. website to find out more about the delivery process for gold and silver futures.
“We hope this makes it much easier for investors to seamlessly move between the paper and physical markets, and we enjoy working with HKMEx to facilitate this. The Exchange’s gold and silver contracts are fully deliverable, and at 32 troy ounces (1-kilo) for gold and 1,000 troy ounces for silver are easy for small investors to trade. We think that there will be growing demand for people to take delivery of precious metal futures.” - Ralph Hazell, CEO – The Real Asset Co.
Please note: HKMEx is authorised by the Securities and Futures Commission of Hong Kong to operate as an automated trading services provider. HKMEx trades are cleared and settled through HKMEx-appointed clearing house LCH.Clearnet in London. Trading activity on the HKMEx trading platform is not covered by the Investor Compensation Fund of Hong Kong. The Real Asset Co. is not a member of HKMEx.
About The Real Asset Co.:
The Real Asset Company was launched by experienced financial professionals to provide investors with a secure and efficient way to invest in physical precious metals. Clients buy good delivery bullion using our platform, stored with first class independent storage partners, and verified through a transparent audit system. Customers directly own and have 100% control of their assets.
By facilitating the exchange of ownership of physical assets The Real Asset Company is not regulated by the FSA, but by the usual three pillars of English Law:
• The investigating authority is the Metropolitan Police Force.
• The prosecuting authority is the UK Crown Prosecution Service, which assesses evidence provided by the investigating authority.
• The Criminal Courts of the UK hear the case of the prosecuting authority.
The Real Asset Co Ltd
2nd Floor, 8-9 Talbot Court
London EC3V 0BP
Phone: 0207 283 1953
This press release was distributed by ResponseSource Press Release Wire on behalf of The Real Asset Company in the following categories: Personal Finance, Business & Finance, for more information visit https://pressreleasewire.responsesource.com/about.