The first silver international trading platform in the Shanghai free trade zone (FTZ), Shanghai Huatong silver international trading center, was recently approved to open to business.
The silver ingot would be the first to be rolled out for trading in the market which was initiated by the Shanghai White Platinum & Silver Exchange.
Meanwhile, the trading center will cooperate with the Shanghai Clearing House and a third-party warehouse receipt publicity platform to ensure separation of the transaction, custody, clearing and warehousing services, control trading risk and safeguard capital and goods.
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