Kaifu Jinye tells you that silver td is a silver investment business launched by Shanghai Gold Exchange. It can also be called silver deferred trading and Shanghai silver, where the letter T stands for the abbreviation of Trade and D stands for the abbreviation of Delay.

Spot silver is also called international spot silver and London silver, while domestic spot silver generally refers to Tiantong silver. Contract sales with a certain leverage ratio.

The difference between the two is quite big in some aspects. The following is the difference between silver td and spot silver:

Difference 1: silver td trading time is discontinuous, and spot silver is traded 24 hours a day.

The td trading time of silver is determined by the opening time of Shanghai Gold Exchange, which is about 10 hour a day. Spot silver trading hours are 22 hours uninterrupted except for 2 hours settlement time in the morning.

Difference 2: silver td has risen and fallen, while spot silver has not.

Difference 3: td price of silver is calculated by Shanghai Gold Exchange, which belongs to domestic price and is not completely synchronized with international quotation; Spot silver is an international transaction, which is influenced by international quotations.

Difference 4: the opening margin of silver td is 10.5%-20%, and the maintenance margin is10%; Spot silver opening margin is 8% and maintenance margin is 4%.