Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Shanghai Gold Exchange: Notice Of The Exemption Of Delivery Fee, Transportation And Insurance Fee Of Silver Contracts, The OTC Bullion Clearing And Transfer Fee Of Safe Deposit Vaults, And The Inventory Swap Transfer Fee In 2024

Date 21/12/2023

For the purpose of enhancing the healthy development of the silver physical trading market, increasing the delivery volume and satisfying the physical needs in the market, SGE will continue to waive the delivery, transportation insurance fee and leasing registration fee of silver contracts for members and customers. 

For the purpose of encouraging members and customers to participate in the business of the OTC bullion clearing and transfer of Safe Deposit Vaults and inventory swap, SGE will continue to waive the OTC bullion clearing and transfer fee of Safe Deposit Vaults and the inventory swap transfer fee of such business for members and customers. 

The fee exemption period will start when the end-of-day clearing is over on the storage fee clearing day in December of 2023 and will end when end-of-day clearing is going to start on the storage fee clearing day in December of 2024.