Francis Archibald of Red Maple FX Sets up Gold and Silver IBA initiative

Francis Archibald, Head of Precious Metals and FX at Red Maple FX takes steps to take his clients to the next level.
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* Francis Archibald RedMaple FX

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* Central District - Hong Kong Island - Hong Kong

CENTRAL DISTRICT, Hong Kong - July 30, 2019 - PRLog -- Francis Archibald  of Red Maple FX , a global leading commodities brokerage,  announced that it will be joining the  IBA Gold and Silver Price Auctions as a direct participant. Red Maple FX will then be part of the twice daily gold, and once a day silver, electronic auction process, which sets the LBMA gold and silver prices.

These are the global benchmark prices for unallocated gold and silver and are used by participants from around the globe as the official reference prices.

Francis Archibald, Head of Precious Metals and FX at Red Maple FX, commented: "As a direct participant in the IBA auctions, we will be able to transact business for clients on the global benchmarks. This is a significant step-up for our business as we continue to develop  to the next level."

IBA became the gold benchmark administrator in March 2015 and the administrator of the silver benchmark in October 2017.

Red Maple Trading offers a selection of different financial services including both fully managed and non discretionary accounts to commodity and forex traders in most countries of the world.

Red Maple Trading  offers non-discretionary commodity and forex trading accounts for clients that want to maintain full control in their trading portfolio but at the same time get some of the best commodity and forex trading advice available. This is made possible by working hand in hand with our Senior Brokers, like Francis Archibald , and even following their trades. Your broker will recommend what you should invest in based upon your risk tolerance and other factors that we assess when you first become a client. The key difference in this type of account is that you have the driving seat and ultimately make the decisions.

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