What Do Those Companies Do?
Bullion Capital Ltd did the original soft launch in Australia for the physical exchange along with the associated online physical precious metals trading platform, MetalDesk.
The MetalDesk platform allows investors to directly access and trade upon physical precious metal marketplaces worldwide. In MetalDesk you can execute physical bullion trades 23 hours a day 5 days a week and access your account 24 hours a day, where you can securely manage your bullion holdings globally with full accountability and reporting facilities.
The Allocated Bullion Exchange Ltd functions as the Central Clearing Facility for all of the interfacing physical precious metals markets, where it matches investors buying and selling physical bullion, allowing for true global precious metals price discovery to occur. This price discovery for physical precious metals led by natural market forces of supply & demand and has been deliberately designed to the prevent price manipulation that exists in the paper bullion markets.
In 2014 it was decided that, moving forwards with an international expansion, it was going to prove best to consolidate the services and provisions of both entities under (at the time) Australian Bullion Exchange Ltd.
To help achieve this, Bullion Capital Ltd changed its name to BCL Capital Management Ltd, which meant that Australian Bullion Exchange Ltd was henceforth able to continue trading under the established brand name 'Bullion Capital' until its global launch & re-brand on 10 February 2016.
In June 2016 it was decided to formally split Bullion Capital and have it as a standalone Full Member Broker of ABX. To this end BCL Capital Management Ltd bought Bullion Capital's operating activities from the exchange. Bullion Capital continues to provide full interface services to associate member brokers, giving them and their clients direct access to ABX global's wholesale precious metals exchange.
The established brand name and image used under the Bullion Capital trading name is as follows:
As the ABX was designed to function as an exchange, investors need to go via a registered member of the exchange, of which GoldVu is one. These members have established relationships with the exchange and many function differently with varying levels of access available to clients. GoldVu has been designed to allow all investors individuals, corporations and institutions to have complete and unfettered direct access to all of these physical bullion marketplaces.