Shanghai Gold Exchange: Notice On Adjustments Of Certain Deferred Contracts Rates
To better meet the requirement of finance serves for the real economy, further reduce trading and holding costs for market participants, and duly play the role of optimizing resource allocation and benefiting industrial enterprises, Shanghai Gold Exchange (SGE) will cut the deferred contracts rates which starting from 1st. November. According to the Trading Rules of Shanghai Gold Exchange and other relevant provisions. The rates details as follows:
|
Deferred Contracts |
Current Rate |
Adjusted Rate |
|
Au (T+D) |
0.0125% per day |
0.011% per day |
|
mAu (T+D) |
0.0125% per day |
0.011% per day |
|
Ag (T+D) |
0.0125% per day |
0.011% per day |
In the future, SGE will prompt assess and adjust deferred contracts rates for considering the market conditions. All members are advised to update the deferred contracts rates in their systems and notice of the adjustments to investors.