For the purpose of reducing transaction costs, improving the functions of serving real economy, and optimizing resource allocation, SGE will adjust deferred fee rates of certain deferred contracts from June 1st 2020 (Monday), according to the relevant rules in “Trading Rules of Shanghai Gold Exchange” and “Measures for the Administration of Risk Control of the Shanghai Gold Exchange”. Please find the adjusted rates below:
Deferred Contract |
Current Rate (Daily) |
Adjusted Rate (Daily) |
Au(T+D) |
0.015% |
0.0125% |
mAu(T+D) |
0.015% |
0.0125% |
Ag(T+D) |
0.015% |
0.0125% |
In the future, SGE will reasonably adjust the deferred fee rates according to the market condition. All members shall adjust the deferred fee rates in their own systems and disclose relevant information to investors.