Notification on Adjusting the Fee Schedule for Certified Depositories for Silver Futures

Updated on Sep 26,2014

Notification on Adjusting the Fee Schedule for Certified Depositories for Silver Futures

FROM: The Shanghai Futures Exchange

TO: AllMembers and Certified Depositoriesfor Silver Futures

SUBJECT: Notification on Adjusting the Fee Schedule for Certified Depositories for Silver Futures

FILING SERIAL: SQF [2014] No. 104

September 26, 2014

It is hereby announced upon our consideration that since October 1, 2015, the fee schedule for ceritified depositories for silver futures will be adjusted as below:

Ⅰ. Load in-and-out Fee and Storage Fee

The storage fee for silver is hereby adjusted to RMB 0.016 yuan/Kg/day, the load-in fee to RMB 0.20 yuan/Kg and load-out fee to RMB 0.20 yuan/Kg. Refer to the table below for comparison of the fee schedule before and after the adjustment:

	Fee schedule before the adjustment	Fee schedule after the adjustment
Storage fee	RMB 0.011 yuan/Kg/day	RMB 0.016 yuan/Kg/day
Load-in fee	RMB 0.09 yuan/Kg	RMB 0.20 yuan/Kg
Load-out fee	RMB 0.09 yuan/Kg	RMB 0.20 yuan/Kg

Ⅱ.Assignment Fee

The additional assignment fee for silver is set at RMB 0.03 yuan/Kg. Assignment fee means the fee that the certified depository charges the assignee when assessing the off-exchange assignment of standard warrant.