London, 11 October 2011

Comdaq Metals Group, the over-the-counter (OTC) broker and online trading platform for Precious and Platinum Group Metals (PGMs) has launched the online trading of Rhodium (Rh) in Euros. Comdaq Metals Group also offers online trading in Rhodium in USD. The launch of the new EUR denominated product will stimulate B2B participation within Europe. It follows the success of Comdaq Metals Group covering PGMs and physical precious metal online trading.

Comdaq Metals Group has been creating daily Tradable Benchmarks in USD for over seven years, and in EUR, GBP and JPY for over three years. Its most recent addition was Osmium (Os). Commenting on the launch, Neil Grover, Director of Comdaq Metals Group said, “It is a natural progression to offer online trading of Rhodium in Euros in order to create more liquidity through online order flow. This new product comes just 48 hours after new daily record trading volumes were created in USD based Rh online.”

“Volumes continue to increase annually along with the volumes transacted via our Tradable benchmarks. Platinum (Pt), Palladium (Pd), Rhodium (Rh), Ruthenium (Ru) and Iridium (Ir) are important metals to our Group. We see replication across all metals in various currencies as a natural extension to create even more liquidity and to fulfil client demand.”

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