Intercontinental Exchange, Inc. (NYSE:ICE) today announced that ICE Benchmark Administration Limited (IBA) now operates the London Bullion Market Association (LBMA) Platinum and Palladium Prices and the daily auctions which set these benchmark prices, adding to its role as the administrator of the LBMA Gold and Silver Prices and auctions. In January 2026, the LBMA announced its intention to appoint IBA as administrator of the LBMA Platinum and Palladium Prices and auctions. The daily auctions began July 1, 2026, taking place twice daily at 9:45 a.m. and 2 p.m. London time. The platinum auction runs first, with the ... (full story)