Products	Loco London Gold		Loco London Silver
Contract Size	100ounces	10ounces	5000ounces	500ounces
Spread	USD 0.50 cents (depends on market condition)		USD 0.026 cents (depends on market condition)
Handling Fee	US$ 40 (Open Side Only)

Levy of the Chinese Gold and Silver Exchange Society (CGSE) & Administration Fee

The CGSE has issued a transaction code to their approved electronic trading platforms in order to raise the transparency level to general investors. Investors can check the transaction details such as unit price, transaction time and quantity, etc. by using the transaction code in CGSE website. This help to prove such transaction is being done by a specific electronic trading platform and hence, raise the transparency level and protect general investors’ interest at the same time. Please note that the transaction code issued by CGSE is valid for one month only.

The instructions of transaction code enquiry are shown as follows:

Levy of the Chinese Gold and Silver Exchange Society (CGSE) & Administration Fee are shown as follows:

Products	Loco London Gold		Loco London Silver
Contract Size	100ounces	10ounces	5000ounces	500ounces
Levy of the CGSE & Administration Fee (Open Side Only)	Waived	Waived	Waived	Waived

Remarks:
1 、 Commissions and fees are subject to change without notice.
2 、 Above commissions and fees are for oversea clients only.