Margin Trading
Ag(T+D)
Silver
Trading Product
Matching
Trading Market
1 kg/lot
Trading Unit
| Quotation Unit | yuan/kilogram |
| Minimum Price Fluctuation | 1 Yuan/kilogram |
| Daily Price Limit | settlement price of the previous trading day ± 8% |
| Minimum Quotation Size | 1 lot |
| Maximum Quotation Size | 2000 lots |
| Trading Hours | Day Session: 9:00 -15:30; Night Session: 20:00 -02:30 |
| Settlement method | Daily mark-to-market Settlement |
| Deliverable Bullions | 15kg silver ingot; Fineness no less than 99.99% |
| Delivery Mode | Tendering for Delivery |
| Time of Delivery | The same day as delivery requests are successfully matched |
| Quality Standards | *see delivery standard above |
| Delivery Location | SGE Certified Vault |
| Transaction Fee | 0.02% of the contract value /*Note: Margin Ratio:9% |
| Delivery Fee | 1 yuan/kilogram |
| Listing Date | October 30th, 2006 |