Notice of Further Exemption of the Inventory Swap Transfer Fees and the Safe Deposit Vault OTC Trade Clearing and Bullion Transfer Fees

Date: 2017-12-27

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All Members,

For the purpose of encouraging members and customers to participate in the business of inventory swap and Safe Deposit Vault OTC trades, Shanghai Gold Exchange decides to further exempt members and customers from the transfer fees of these two business. The exemption period will start after the end-of-day clearing on December 29th, 2017 and will end before the end-of-day clearing on December 31, 2018.


                                       Shanghai Gold Exchange
December 27, 2017

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