★ Approved by the State Administration for Industry and Commerce
The Yangtze River Delta Commodity Exchange will form a spot trading platform combining electronic trading with warehousing and logistics, and play an important role in serving upstream and downstream enterprises in non-ferrous metal trading and settlement, enterprise hedging and as financial investment products by using a strong spot delivery trading platform and a perfect settlement and settlement system. At the same time, the exchange also provides warehouse receipt pledge loan services for traders to improve the efficiency of enterprise capital utilization.
The Yangtze River Delta Commodity Exchange fully studies and analyzes the commodity trading needs of spot traders, and adopts various spot electronic trading methods to meet the various trading needs of market participants. At the same time, the Yangtze River Delta Commodity Exchange provides convenient and fast spot warehousing and delivery methods, which makes the logistics, warehousing and delivery costs of spot traders lower, thus improving the overall operational efficiency of spot traders.
means of transaction
On the basis of fully studying and analyzing the trading needs of spot traders, the Yangtze River Delta Commodity Exchange has continuously improved the spot trading methods to meet the various trading needs of market participants. At the same time, the Yangtze River Delta Commodity Exchange provides a convenient and fast continuous trading platform for spot contracts, which makes the transaction and settlement prices of the exchange more real, fair and reasonable, thus ensuring that the commodity prices produced by the Yangtze River Delta Commodity Exchange are more authoritative and influential.
clearing form
The Yangtze River Delta Commodity Exchange cooperates strategically with major commercial banks across the country, covering the banking outlets across the country to facilitate traders' account opening and trading behavior to the greatest extent; The third-party depository of the trader's funds in the bank truly realizes the seamless connection between the trader's own bank account and the capital settlement special account of the exchange, which not only ensures the safe deposit and custody of the trader's trading funds, but also realizes the convenient real-time entry and exit of the trading funds.
Listed varieties
According to the positioning and requirements of the Jiangsu Provincial Development and Reform Commission for the Yangtze River Delta Commodity Exchange, the Yangtze River Delta Commodity Exchange will continuously and timely introduce standards that are in line with national strategic interests and domestic and international market demand in the professional fields of copper, aluminum, scrap copper, rubber and steel.
First, the advantages of trading methods
The exchange adopts innovative spot delivery and delivery trading methods. Through the advanced electronic trading system of the exchange, traders can realize spot contract trading by installment and choose the delivery date independently.
1, truly form the daily spot price: an open, transparent, convenient and fast electronic trading platform, with strong price discovery function and authoritative and influential commodity prices through a large number of traders matching transactions in the same field;
2. Meet a variety of trading needs: investment needs: traders can achieve the purpose of long-term positions by paying a small amount of deferred compensation fees, and can follow the long-term trend to earn investment profits. Demand for value preservation: Traders can open positions in advance to lock the purchase cost or sales price of their own enterprises according to the judgment of price trends. Demand for physical delivery: You can apply for physical delivery every day, which is very convenient for the spot dealer to deliver.
3. Provide all-weather trading services covering major global nonferrous metals markets, including trading hours of London Metal Exchange, thus avoiding the risks caused by price fluctuations at night to traders; Night session:19: 00-03: 00, morning session: 9: 00-1:30, and afternoon session:13: 30-16:15 (.
Second, the advantages of settlement methods
1, simple and convenient to enter the market: strategic cooperation with major commercial banks across the country, covering the banking outlets across the country to facilitate traders' account opening and trading behavior (China Construction Bank);
2. Security of fund custody: ensure the security of transaction funds through third-party depository;
3. Convenient remittance and transfer of funds: The transaction fund custody and transfer system jointly developed by the exchange and the bank has realized convenient real-time entry and exit of transaction funds.
Third, the advantages of service organizations
There are more than 50 comprehensive members (authorized service agencies) and professional members (professional authorized service agencies) all over the country to provide account opening guidance, education and training services for traders participating in the transactions of the Yangtze River Delta Commodity Exchange, and assist traders to complete commodity trading services such as account opening, transaction settlement and goods delivery in exchanges and settlement banks.
IV. Preferential measures for tax and transaction costs
The establishment and development of the Yangtze River Delta Commodity Exchange has been strongly supported by government departments at all levels. The local government has great preferential measures for the tax burden of traders involved in settlement, and the exchange has also greatly reduced and exempted the transaction, settlement and storage costs of settlement enterprises.
Including:
The business tax retained by the local government will be charged by half (the tax will be levied first and then returned, and it needs to be invoiced in the Yangtze River Delta Metal Logistics Park); The storage fee of the settlement enterprise is calculated at a 30% discount on the market; The successful part of the delivery is free of transaction fees (exceeding monthly 1000 tons); ★ After the on-site office enterprises meet the delivery standards, the rent can be reduced or exempted.