In order to reduce the trading cost of price asking market of International Board, to improve the full-tenor structure of the price asking product, and to promote the balanced development and liquidity of the market, SGE determines to adjust the transaction fee rate of physically delivered price asking swap trade (tenor within 2M(not included)) of iPAu99.99、iPAu99.95 and iPAu100g for international members from October 1st, 2022 to December 31st,2022,according to the tenor range of a trade’s far-leg maturity date in the SGE’s system. Details of the adjusted rates are as follows:
Tenor Range of the Far-leg Maturity Date |
Before Adjustment |
After Adjustment |
TOM(included) – SPOT( included) |
0.004‰ |
0.002‰ |
1D(included) - 2W (not included) |
0.020‰ |
0.010‰ |
2W(included) - 3W (not included) |
0.050‰ |
0.025‰ |
3W(included) - 2M (not included) |
0.100‰ |
0.050‰ |
Attachment-The Explanation on the Tenor of a Price Asking Spot Trade, Forward Trade, and Swap Trade