Shanghai Gold Exchange Transaction Fees Calculation

Shanghai Gold Exchange (SGE determines transaction fees based on the total transaction amount. Here's how the transaction fees are calculated:

1. Basic Transaction Fee Structure:
0.024‰ (per mille of the total transaction amount for both sides (buying and selling of a transaction.

2. Additional Transaction Fee:
For deferred settlement transactions, an additional fee of 0.0024‰ is charged per day based on the total transaction amount.

3. Example Calculation:
If the total transaction amount is 100,000 RMB, the basic transaction fee would be 100,000 0.024‰ 2.4 RMB for both the buyer and the seller.
For deferred settlement transactions, an extra 0.0024‰ is charged per day until the actual settlement day.

4. Challenges and Considerations:
Ensure to calculate transaction fees accurately to avoid discrepancies.
Keep track of additional fees for deferred settlement transactions for proper financial planning.

5. Resources for Further Information:
Visit the official Shanghai Gold Exchange website for detailed fee structure and updates.
Consult with financial experts or brokers for specific guidance on SGE transaction fees.

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