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Edgewater has been admitted as a Full Member to the London Bullion Market Association (LBMA), a leading authority on precious metals trading. This development marks a significant step for Edgewater since its entry in to the bullion markets in 2017.
Emanuel Georgouras, UK CEO of Edgewater, commented on the achievement: "The application process for LBMA membership is rigorous, reflecting the high standards required to be part of this globally respected organization. Our team worked diligently to meet the LBMA's stringent criteria, demonstrating our commitment to transparency, integrity, and innovation in the bullion markets."
Ruth Crowell, Chief Executive Officer of LBMA, stated: "Edgewater has demonstrated a strong commitment to the standards and values that LBMA upholds. We are delighted to welcome them as a Full Member and look forward to their continued contribution to the global bullion markets."
Since entering the bullion markets in 2017, Edgewater has expanded its offerings. Sebastian Siivola, UK Director of Liquidity at Edgewater, noted: "Our entry into the bullion markets was a natural extension of our capabilities in FX. Since 2017, we have focused on building a robust infrastructure, expanding our product suite, and ensuring compliance with industry standards."
David Govett, Director of Metals at Edgewater, outlined plans to expand the company's metals offering, including LBMA fixing products. "Being an LBMA member allows us to access new opportunities, including offering LBMA fixing products to our clients. We aim to establish Edgewater as a key player in the metals markets," Govett said.
Edgewater currently offers spot Gold, Silver, Platinum and Palladium hedging and trading products and accepts London AM and PM Fix orders electronically.
The company will be attending the Dubai DMCC Precious Metals Conference on November 18-19, 2024.
