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