Southern Exchange is the first rare and precious metal exchange recognized by the state, and it is also the rare and precious metal exchange exclusively quoted by CCTV2 and Sina Finance. In terms of funds, the South Exchange adopts a third-party depository system. At present, the cooperative banks are China Bank and China CITIC Bank. The trading hours of the South Exchange are also relatively free, from 9: 00 Monday to Friday to 7: 00 the next day. In terms of handling fee, it is unilateral, with no interest spread and no extension fee. There are various ways to open an account in the South Exchange, including member companies, online self-service accounts, and QR code mobile phone scanning accounts. Not limited by time, very convenient!
Tianjiao Exchange is the only trading mode in China that adopts the market maker model (OTC), trading precious metals such as silver, platinum and palladium, and the trading funds are entrusted by third-party banks to ensure the safety of customers' funds. At present, the cooperative banks include China Industrial and Commercial Bank, China Everbright Bank and China Construction Bank. Trading mechanism of Tianjiao Exchange: 24-hour trading, bilateral trading, T+0, no price limit. However, the trading model of the Tianjiao Exchange has been criticized, which I am not particularly clear about. Some professionals pointed out that the trading model of the exchange is actually gambling under the banner of financial innovation, and the market maker system is risky. Tianjiao's overnight fee is even more frightening. If you want to hold positions, you need to pay an "overnight fee", forcing investors to operate frequently. The more frequent the operation, the more income will be distributed to the exchange, which will put investors in danger. This is for reference only. Haha ~ ~
The Shanghai Gold Exchange adopts the form of membership organization, and its members are composed of enterprises registered and dealing in precious metals such as gold and silver in People's Republic of China (PRC) and units with good credit standing. Members can choose to conduct transactions on-site or remotely. The exchange mainly implements standardized matchmaking transactions. Trading hours are from Monday to Friday (except holidays) from 9: 00 to 1 1: 30, 13: 30 to 15: 30, 2 1:00-2:30. The commodities of the exchange are gold, silver and platinum.
Give a little special explanation, especially for new friends. The silver T+D of Shanghai Gold Exchange feels derived from spot gold. Personally, I think it is actually the deformation of the stock, which has lost the advantage of the T+0 model. There is basically no physical delivery. At the same time, the trading time is too short, and the investment in the wrong direction before has no chance to respond. So the relative risk is not small!
I said a little too much, I hope it will be useful to the landlord.