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Circular
Circular No.   20240420-3   Circular Date   20-04-2024
Category   Clearing & Settlement   Segment   Spot
Subject   Revised Maximum Brokerage charges for Bullion T+0 contracts
 
Content

To

All Members,

Sub: Revised Maximum Brokerage Charges for Bullion T+0 Contracts

With reference to Circular No. 20230621-3 dated June 21, 2023, and Circular No. 20231212-6 dated December 12, 2023, the Members are requested to note the revision in the maximum Brokerage charges for Bullion T+0 contracts as per the below table. The revised charges shall be applicable with effect from 22 April 2024 as below.

Gold Products

Brokerage/Other Charges (for Gold all T+0 products)

USD per KG

Maximum Trading Member Charges

$ 4.50

Maximum Clearing Member Charges

$ 3.00

Silver Products

Brokerage/Other Charges (for Silver all T+0 products)

USD per KG

Maximum Trading Member Charges

$ 0.09

Maximum Clearing Member Charges

$ 0.06

For any clarifications, Member may contact:

Sr. No

Official Name

Phone

1

Nikhil Shah

079-69697121

2

Iyer Venkita Subramani

079-69697122

3

Adil S Rana

079-69697143

4

Kevalsinh Dodiya

079-69697131

For and on behalf of

India International Bullion Exchange (IFSC) Limited

Mr. Vinod Ramachandran

Head – Clearing & Settlement Operations and Risk Management

Contact No. 079-69697123

Email – cs.ops@iibx.co.in