JPMorgan opens Singapore bullion vault for physical settlement
J.P. Morgan’s new Singapore vault enables physical settlement for SMX gold futures and other deliverable metals transactions, strengthening its regional custody and settlement infrastructure.
In this brief: 2 sections 1 min read
Located within a free‑trade zone at Changi International Airport
Configured to accommodate physical settlement of Singapore Mercantile Exchange (SMX) gold futures contracts
Available for other transactions involving physical settlement where J.P. Morgan is involved
Enables JPMorgan to clear and settle deliverable gold futures in Singapore
Supports institutional and exchange‑linked physical metal custody needs in Asia
Could deepen JPMorgan’s role in regional precious‑metals trading and logistics