Notice of Transaction Fees Adjustment in 2017
SGE hereby announcing a series of fees schedules which will be effective from January 1st, 2017 (details are as follows).
SGE determines to exempt the transaction fees of Ag99.99, SGE will also exempt the delivery fees and the transportation and insurance fees of both spot silver products and deferred silver products from January 1st, 2017 to December 31th, 2017, for the purpose of healthy development of the domestic silver market, so as to increase the delivery volume of the products and to satisfy the physical needs in the market.
SGE decide to continuous waive the transaction fees of SHAU from January 1st, 2017 to June 30th, 2017.in order to encourage the trading of Shanghai Gold Benchmark Price.
SGE also decide to reduce 50% of the transaction fees of Au (T+N1) and Au (T+N2) products from January 1st, 2017 to December 31th, 2017 for the purpose of enhancing its liquidity and its function of investment in the market. The adjusted transaction fees of Au (T+N1) and Au (T+N2) will be 0.01%.
To further stimulate the trading across the international board, SGE decide to continuously reducing the transaction fees of our international board products from January 1st, 2017 to June 30th, 2017. The transaction fees of iAu99.99, iAu99.5, and iAu100g will be adjusted to 0.005%. The transaction fees of iPAu99.99, iPAu99.5 and iPAu100g will be adjusted to 0.01% for physical delivery, and no transaction fees for cash settlement.
Shanghai Gold Exchange
December 29th, 2016