Comdaq Metals launches euro online rhodium trading 11th October 2011

Comdaq Metals has launched the online trading of rhodium in euros to complement its existing platform in US dollars, reports Commodities Now.

The over-the-counter broker unveiled the new trading of rhodium after success covering precious and platinum group metals.

Neil Grover, director of Comdaq Metals Group, explained that offering online rhodium trading in euros will "create more liquidity through online order flow".

The new product comes two days after new daily record trading volumes were created in US dollar-based rhodium online.

"Volumes continue to increase annually along with the volumes transacted via our Tradable benchmarks," Mr Grover said.

"Platinum (Pt), Palladium (Pd), Rhodium (Rh), Ruthenium (Ru) and Iridium (Ir) are important metals to our Group."

Source:

Comdaq Metals launches online trading of Rhodium (11/10/11) 

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