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MAR 08, 2013 - Benzinga

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BNY Mellon Wins Key Patents for Processes Used in Commodities ETFs

BNY Mellon (NYSE: BK) has been awarded three patents for key processes that enable electronic trading of commodities such as gold through exchange-traded funds (ETFs).  Commodities covered by the patents also include silver and other precious metals as well as base and industrial metals.

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