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the OTC Bullion Clearing and Transfer Fee of Safe Deposit Vaults, and the Inventory Swap Transfer Fee in 2021

Date: 2020-12-28

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All Members, 

For the purpose of enhancing the healthy development of the silver physical trading market, increasing the delivery volume and satisfying the physical needs in the market, SGE will continue to waive the delivery, transportation insurance fee and leasing registration fee of silver contracts for members and customers. 

For the purpose of encouraging members and customers to participate in the business of the OTC bullion clearing and transfer of Safe Deposit Vaults and inventory swap, SGE will continue to waive the OTC bullion clearing and transfer fee of Safe Deposit Vaults and the inventory swap transfer fee of such business for members and customers. 

The fee exemption period will start after the end-of-day clearing on the last trading day of 2020 and will end before the end-of-day clearing on the last trading day of 2021. 

Shanghai Gold Exchange
December 28, 2020

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