What you need to know about OTC Market
OTC Market is an important supplement to Price Matching Market. The counterparties can confirm trading value bilaterally on the electronic platform and clear through SGE. It has gold spot trading, forward, swap and option.
OTC Market Contracts
|Product||PAu99.95, PAu99.99,iPAu99.99, iPAu99.5,iPAu100g||OAu99.99,OAu99.95|
|Trading Unit||Agreed trading amount via bilateral trading|
|Delivery Type||Physical Delivery/Cash Delivery|
|Trading System||SGE price asking trading system and other SGE designated trading system|
|Transaction Fee||PAu99.95,PAu99.99: Physical Delivery-0.035% Cash Delivery-Exempted temporarily iPAu99.99,iPAu99.5,iPAu100g: Physical&Cash Delivery-Exempted temporarily||PAu99.95,PAu99.99: Physical Delivery-0.04% Cash Delivery-Exempted temporarily iPAu99.99,iPAu99.5,iPAu100g: Physical&Cash Delivery-Exempted temporarily||Option Registration fee
is temporarily exempted.
Exercise fee is charged based
on the underlying product