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New Storage Rates for Silver - Delaware Depository Service Company
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- To
- Members, Member Firms and Market Users
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- From
- Market Regulation Department
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- #
- SER-6052
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- Notice Date
- 14 December 2011
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- Effective Date
- 01 April 2012
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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
RATES AND CHARGES FOR SILVER
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
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CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.
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Phone: +1 312 930 1000
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