• New Storage Rates for Silver - Delaware Depository Service Company

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-6052
      • Notice Date
      • 14 December 2011
      • Effective Date
      • 01 April 2012

      The New York Mercantile Exchange, Inc. (NYMEX) and Commodity Exchange, Inc. (COMEX) were notified by Delaware Depository Service Company (DDSC) – an Exchange Licensed Depository – that DDSC will implement new rates in connection with the storage and withdrawal of silver, effective April 1, 2012. The new rates, presented below, reflect the maximum amount of fees that can be charged. In accordance with Exchange rules, the new rate schedule will become effective on April 1, 2012.


      New Storage and Withdrawal Rates


      Delaware Depository Service Company

      New Rates,

      Effective April 1, 2012

      Silver – Storage:

      $8.50 per bar/per month

      Silver – Delivery Out (Withdrawal):

      $30.00 per bar

      All other currently published rates/charges for storage and handling at Delaware Depository Service Company remain unchanged.



      Please refer questions on this subject to:

      Market Regulation:

      Terry Gehring                            terry.gehring@cmegroup.com                            312.435.3644


      Energy & Metals Research:

      Joann Arena                              joann.arena@cmegroup.com                             212.299.2356