On June 5438+1October 65438+September, 2008, with the assistance of the exchange, Industrial Bank launched the first gold spot deferred delivery product to individual customers nationwide, which broadened the gold investment channels of domestic investors.
On March 1 1, 2008, the Exchange held a fund settlement meeting in Sanya, Hainan, which summarized the work in 2008, deployed the work in 2009, and commended the banks that made outstanding achievements in 2008.
From March 10 to March 13, 2008, the exchange held a summary commendation meeting for the quality management of enterprises that can provide standard gold ingots in 2008, and also held a special trading delivery Committee meeting. This paper summarizes the quality management work of enterprises that can provide standard gold ingots in 2008, puts forward the planning and requirements of quality management in 2009, and commends and rewards five enterprises, including the Refinery of Shandong Gold Mining Co., Ltd., an advanced unit that can provide standard gold ingots in 2008.
On March 27th, 2008, the U disk system of the warehouse designated by the Exchange was officially launched.
On May 5, 2008, the 2009 Lujiazui Forum was held in Shanghai. The exchange hosted the Pujiang Nighttalk column with the theme of "Development of Gold and Commodity Markets under the Global Economic Crisis". Chairman Shen made an important speech, Mr. Zheng spoke on behalf of the CEO of the World Gold Council, and Jeremy East, President of Global Precious Metals Department of Standard Chartered Bank, and Sun, General Manager of China National Gold Group delivered speeches respectively.
On June 4, 2008, the Exchange held the eighth meeting of the second board of directors in Nanchang, Jiangxi. The meeting discussed and adopted the Proposal on Adjusting Directors of Great Wall Gold and Silver Refinery, Report on the Eighth Meeting of the Second Board of Directors of Shanghai Gold Exchange, Report on the Market Operation and Work Arrangement of Shanghai Gold Exchange in 2009, Report on Financial Budget and Final Accounts of Shanghai Gold Exchange, Proposal on Strengthening the Standardized Management of Gold VAT Invoices of Shanghai Gold Exchange Members and Proposal on Strengthening the Standardized Management of Gold VAT Invoices of Shanghai Gold Exchange Members.
From June 10 to June 12, 2008, the exchange held the "2008 designated warehouse work summary commendation meeting". Deputy General Manager Shen Gang comprehensively summarized the work of designated warehouses in 2008 and put forward the work plan for 2009. At the same time, the quality service warehouse, outstanding contribution warehouse and error-free operation warehouse in 2008 were commended.
On June 28th, 2008, the Exchange organized a summary meeting of insurance transportation in 2008, with the participation of China Industry and Trade Transportation Company and insurance company. This paper makes a comprehensive summary of the transportation work in 2008, and puts forward that the principle of safety, high efficiency and low cost should be adhered to in 2009.
On July 8, 2008, the China Gold Market Report 2008, which was jointly prepared by the Exchange, the Financial Market Management Department of the People's Bank of China Shanghai Headquarters, the China Gold Association and the Shanghai Futures Exchange, was held. It was the first report jointly prepared and released by the gold market regulators, self-regulatory organizations and market intermediaries.
On July 9, 2008, the Exchange held an international consultant meeting in Beijing, and introduced the gold spot option business and the participation of foreign bank members in the market to international consultants. International consultants have put forward many good opinions and suggestions on the future development of the plan and market.
On September 1 2008, the Exchange held a press conference on the personal physical gold trading product "Industrial Bank Gold Exchange Trading Fund" jointly launched by the World Gold Council and Industrial Bank, which further expanded the market influence of the products of the Exchange and provided a safer, faster and more efficient trading mode and investment channel for domestic gold investors.
On September 18, 2008, in order to strengthen the management of transaction invoices of members of Shanghai Gold Exchange and standardize market behavior, the Exchange issued the Measures for the Management of Member Invoices of Shanghai Gold Exchange to all members.
On September 18, 2008, the Exchange successfully completed the first transaction of transferring comprehensive members to commercial banks as personal agents.
On June 5, 2008, the Exchange held its sixth general meeting in Shanghai. The meeting reviewed and adopted the Work Report of the Sixth General Meeting of the Shanghai Gold Exchange, the Market Operation Report of the Shanghai Gold Exchange in 2008 and the First Half of 2009, the Annual Financial Report of the Shanghai Gold Exchange and the resolutions of the meeting.
On June165438+1October 19, 2008, the Exchange held the ninth meeting of the second board of directors in Sanya, Hainan. The meeting discussed and adopted the Proposal on Adjusting Directors of Industrial and Commercial Bank of China, Report on the Ninth Meeting of the Second Board of Directors of Shanghai Gold Exchange, Report on Market Operation and Operation of Shanghai Gold Exchange from June 5438+0 to June 5438+00, 2009, Implementation of New Accounting Standards and General Financial Rules of the Company, Adjustment of Transaction Fees and Transportation Insurance Fees, etc.
On February 25, 2008, 65438 officially launched the member inquiry system and warehouse inquiry system independently established by the Exchange, which separated the inquiry functions in the member service system and warehouse management system to better meet the business needs of members and warehouses.
On 2011August 17, after deliberation by the membership examination committee of Shanghai Gold Exchange, it was agreed that Shanghai Ruixiang Gold and Silver Jewelry Co., Ltd. would transfer its membership to Shanghai Rural Commercial Bank Co., Ltd. in line with the conditions stipulated by the Exchange, and all the application materials submitted were complete and valid. It is agreed that Shanghai Rural Commercial Bank Co., Ltd. becomes a member of Shanghai Gold Exchange, and Shanghai Ruixiang Gold and Silver Jewelry Co., Ltd. is no longer a member of Shanghai Gold Exchange.
On March 2, 20 12, at 9: 00 p.m., some lines of the gold exchange broke down, which led to the freezing of customer entrustment of several banks, forming a "single-door blockade", and the market and entrustment of the affected banks were repeatedly interrupted, among which SDB was the most seriously affected. The Shanghai Gold Exchange has yet to find out why.
20 13 On April 5th, Shanghai Gold Exchange (hereinafter referred to as "Shanghai Gold Exchange"), the night market trading function will be launched in April.
It was learned yesterday that the Shanghai Gold Exchange recently issued the document "Shang Jin Jiaofa [2013] No.9", and the second generation trading system of the Shanghai Gold Exchange is scheduled to go online on April 5, 2065 438+03 (the final online time is subject to the announcement of the Gold Exchange). This system will increase the trading function of Friday night market, increase the trading time from 2 1:00 on Friday to 2:30 on Saturday, and merge it with Monday trading time into a complete trading day for liquidation. If the day after Friday is a legal holiday (not an ordinary weekend), there will be no night market in that week and Friday. In fact, the extension of domestic gold trading time was expected as early as possible. The relevant person in charge of the Shanghai Gold Exchange has previously said that it plans to further extend the trading hours, including postponing the closing time of night trading to 3:30 every other day and increasing Friday night trading.
The trading hours of varieties traded in Shanghai Gold Exchange are divided into three periods from Monday to Friday, 9: 00 am-11:30 pm 13:30- 15:30 pm, and 2 1:00- 02:30 pm.
According to sources, the Shanghai Gold Exchange has previously lowered the transaction fee. The news about the opening of the market at the end of Friday shows that the exchange will provide more trading convenience for precious metals investment people, and at the same time, it will avoid the risk of large fluctuations on Friday night to some extent.
In the past one or two years, the emerging gold market represented by tianjin precious metal exchange has attracted many domestic investors to participate in trading with its advantages of low margin, market-making system and more convenient 24-hour trading time. However, at the end of 20 1 1, five ministries and commissions, including the Central Bank of China, jointly issued a document confirming that gold exchanges and centers are not allowed to be established in China except Shanghai Gold Exchange and Shanghai Futures Exchange (referred to as "the previous issue"), and those that have already started business should immediately stop starting new business.
The Shanghai Gold Exchange and the previous issue * * * have the same trading varieties with gold and silver as the trading targets, which puts forward higher requirements for the business development of the above two exchanges with different regulatory systems.
Although in 2009, CSRC and CBRC agreed that commercial banks can enter the gold futures market. By the end of 20 12 and1June, nine commercial banks, including ICBC, had become non-futures company members of the previous issue and participated in gold futures trading. However, from the perspective of trading activity alone, the previous period was significantly weaker than the Shanghai Stock Exchange.
Obviously, the CSRC has also noticed this. In May, the accounts of funds, brokers, trusts, insurance, enterprise annuities, social security funds, qualified foreign institutional investors (QFII) and other institutions in commodity futures were opened.
Earlier, it was reported that the plan for late trading of gold futures opened in the previous period was approved by the CSRC, but the news was later officially refuted. It can be known that the preparatory work has been actively carried out since the last consultation on Golden Night ended in 20 12.