• Approved Changes in Gold and Silver Delivery Out Rates for The Bank of Nova Scotia

      • From
      • Registrar's Office
      • #
      • MKR02-26-20
      • Notice Date
      • 26 February 2020
      • Effective Date
      • 01 June 2020
    • DATE:              February 26, 2020

      MKR#:             02-26-20

      SUBJECT:       Approved Changes in Gold and Silver Delivery Out Rates for The Bank of Nova                          Scotia

       

      The Bank of Nova Scotia, a COMEX/NYMEX Depository for the storage and delivery of gold, silver, platinum, and palladium deliverable against the Exchange’s respective futures contracts, will implement new rates in connection with “Delivery Out” of Gold and Silver at its facility located in New York, NY. The new rates reflect the maximum amounts of fees that can be charged and will be effective June 1, 2020.

      NEW DELIVERY OUT RATES FOR GOLD AND SILVER        

      Commodity

      Storage

      Delivery In

      Delivery Out

      Gold

      $15.00

      $0.00

      $35.00

      Silver

      $8.50 (per bar)

      $0.00

      $35.00 (per bar)

      The Commodity Futures Trading Commission (CFTC) will be notified of these rate changes during the week of June 8, 2020 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.

       

      Please refer questions on this subject to:

      Market Surveillance

      Kyle Miller                                 kyle.miller@cmegroup.com                    (312) 341-3436