STARPRIME Introduces AM/PM Fixing and XAU24/7 for Diverse Gold Market Participants

STARPRIME is expanding its gold offering to cater to different market participants. The company will introduce AM/PM Fixing and XAU24/7, two distinct ways to manage and access gold exposure.

According to Jay Mawji, CEO of STARPRIME, physical hedgers require efficient ways to value and hedge inventory, while another segment seeks continuous, quote-driven access. These are very different requirements, and liquidity solutions need to evolve around both.

AM/PM Fixing is designed for physical hedgers and other market participants managing exposure around fixing prices. Clients will be able to trade fixing contracts directly with the STARPRIME Trading Desk, with orders subsequently converted into spot contracts.

XAU24/7 addresses a different development: rising demand for quote-driven assets available around the clock. This product provides a quote-driven gold product available 24/7, but should be considered a distinct instrument rather than an extension of Spot XAUUSD trading hours.

The introduction of both offerings reflects STARPRIME's broader approach to liquidity: different market participants require different structures, pricing methodologies, and execution solutions. The needs of physical hedgers differ fundamentally from those of clients seeking continuous access, yet both require liquidity models adapted to their specific use cases.