Which organization is associated with the Chinese Gold & Silver Exchange Society?

Which organization is associated with the Chinese Gold & Silver Exchange Society?

• A. The Chinese Gold Exchange
• B. The Hong Kong Futures Exchange
• C. The Chinese Gold & Silver Exchange Society
• D. The Securities and Futures Commission

Answer: (C)

The key idea is to know who actually runs the gold and silver trading market in Hong Kong. The Chinese Gold & Silver Exchange Society is the body that operates and governs that market, a self-regulatory organization dedicated to gold and silver trading. It is distinct from the futures market, which is handled by a separate exchange, and from the regulator that oversees markets. The other options refer to different entities, so the organization most closely associated with the Chinese Gold & Silver Exchange Society is the Chinese Gold & Silver Exchange Society itself.

The key idea is to know who actually runs the gold and silver trading market in Hong Kong. The Chinese Gold & Silver Exchange Society is the body that operates and governs that market, a self-regulatory organization dedicated to gold and silver trading. It is distinct from the futures market, which is handled by a separate exchange, and from the regulator that oversees markets. The other options refer to different entities, so the organization most closely associated with the Chinese Gold & Silver Exchange Society is the Chinese Gold & Silver Exchange Society itself.