Nymex expands listings for gold and silver
The New York Mercantile Exchange (Nymex) will extend the length of long-dated gold and silver option contracts to 60 months from February 25. The previous limit was 24 months.
“By expanding the availability of gold and silver options contracts to match the available long-dated futures contracts for these key precious metals, the exchange will make available additional opportunities for risk management and investment in these markets,” said Nymex president Robert Collins.
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