A significant milestone has been reached in the evolution of Hong Kong’s precious metals market, with the completion of the first HAU gold trade on FXall.
HAU has been established as the price ticker symbol for Hong Kong's OTC spot gold market, providing a dedicated Asian time-zone reference price for gold trading and clearing. The framework aims to strengthen regional price discovery, deepen liquidity and provide robust trading and clearing infrastructure for participants active during Asian market hours.
The transaction represents an important step in Hong Kong building a leading international bullion trading and clearing hub, supported by gold clearing and settlement infrastructure newly launched in July 2026. The initiative is designed to enhance liquidity, efficiency and transparency for market participants across the region.
To support the development of this market, LSEG’s business teams in Hong Kong have collaborated closely with participating banks and important industry stakeholders to establish key HAU feature-functionality in FXall and LSEG Workspace. Through the new HAU ticker, market participants will be able to access relevant market information and RFQ prices contributed by participating banks, helping to foster price discovery and engagement during Asian trading hours.
The successful execution of the inaugural HAU trade highlights the power of collaboration between market participants, and infrastructure providers. By combining pricing, data and workflow capabilities, FXall is helping market participants access emerging liquidity pools in a growing regional gold market.
We're proud that FXall has facilitated the first HAU gold trade, supporting the development of a more connected and transparent gold marketplace in Asia.
Soo Chin Tan