1. European gold trading
There is no fixed place for gold trading in this kind of gold market. In the London gold market, the whole market is composed of the interconnection between major gold merchants and their subordinate companies, and transactions between gold merchants and customers are conducted by telephone and telex. In Zurich gold market, the three major banks buy and sell for customers and are responsible for settlement. The buyers and sellers in London and Zurich markets are relatively confidential, and it is difficult to estimate the transaction volume.
2. American-style gold and easy writing
This gold market is actually based on a typical futures market, and its transactions are similar to other commodities traded in this market. As a non-profit organization, the futures exchange itself does not participate in trading, but only provides trading venues and equipment. At the same time, formulate relevant laws and regulations to ensure fair and just transactions and strictly monitor transactions.