DATE: September 27, 2016
MKR#: 09-27-16
SUBJECT: APPROVED CHANGE IN SILVER STORAGE RATE FOR CNT DEPOSITORY, INC.
CNT Depository, Inc., a COMEX/NYMEX Depository for the storage and delivery of silver, platinum, and palladium deliverable against the Exchange’s respective futures contracts, will implement a new rate in connection with the storage of Silver at its facility located in Bridgewater, MA. The new rate reflects the maximum amount of fees that can be charged and will be effective January 3, 2017.
NEW STORAGE RATE FOR SILVER
Commodity |
Storage |
Delivery In |
Delivery Out |
Silver |
$8.50 (per bar) |
$0.00 |
$35.00 (per bar) |
The Commodity Futures Trading Commission (CFTC) will be notified of this rate change during the week of January 9, 2017 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.
Please refer questions on this subject to:
Market Surveillance
Spencer McGowan spencer.mcgowan@cmegroup.com (312) 435-3662