The China Commodity Exchange (CHCEX) has won a bid to become the new provider of Beijing Platinum and Palladium Prices, replacing the Beijing Platinum and Palladium Regulating Company. CHCEX will provide pricing through its custom-built electronic system called CHCEX Trading Expert Bullion, which meets regulatory needs. The system is already in advanced development stages and will be ready before the anticipated launch date. CHCEX believes its benchmark administration capabilities, technology, and links to financial and physical metal industries make it well-suited to disseminate the Beijing prices to Asian markets.