SUBSCRIBER NOTE: Platts considers changing London Silver Fix to Price

Platts is seeking feedback on a proposal to change publishing the daily London Silver Fix to the London Silver Price in all publications. On August 14, 2014, the London Silver Fixing Company will administer and publish the London Silver Fix for the last time. From August 15, 2014, the Chicago Mercantile Exchange (CME) and Thompson Reuters plan to administer and publish a daily reference price reflecting the supply and demand balance for silver bullion, location London, which will be referred to as the London Silver Price. The London Bullion Members Association (LBMA) has approved the planned new price and International Swaps & Derivative Association (ISDA) will recognize the planned new price as an alternative to the Silver Fix in contracts that reference the Silver Fix. At the same time, Platts is also proposing to change publishing the daily value for silver bullion in cents/troy ounce to US$/troy ounce. Please send all questions and feedback by July 31, 2014 to ben.kilbey@platts.com and copying pricegroup@platts.com by August 1, 2014.