Singapore bourse to start trading gold contract on March 30

Reuters India, 11 Mar 2010
SINGAPORE, March 11 (Reuters) - Singapore Commodity Exchange (SICOM), a unit of Singapore Exchange (SGX) (SGXL.SI: Quote, Profile, Research), said it will commence trading of its new gold deferred settlement contract on March 30.
The contract will be priced in U.S. dollar per troy ounce and is a spot contract with deferred settlement, SICOM said in a statement, adding that the contract is made up of 10 troy ounces of gold with a minimum purchase requirement of 300 lots. Full Story