What are the three platforms of China spot?

China's three major spot platforms refer to exchanges that can conduct spot transactions with the approval of relevant departments; Generally refers to:

1, silver T+D of Shanghai Gold Exchange. Silver T+D is the earliest silver trading platform in China and the only one approved by the State Council. The advantage of this platform is that there is a setting of the fluctuation range, plus or minus 7%, which is also adopted.

Margin trading mode. Disadvantages are: the trading time is discontinuous, divided into morning and afternoon sessions, and the price K line is intermittent. Another disadvantage is that there may be some slippage costs in the transaction price.

2. tianjin precious metal exchange Tiantong Silver. Tiantong Silver is the earliest and largest spot silver platform in China. At present, CCTV2 Central 2 Economic Channel broadcasts the price of Tiantong Silver every day.

It can be seen that its influence is great. Tiantong silver is not limited to ups and downs, trading 24 hours a day, and the K line is very continuous and smooth. Because the market maker mechanism is adopted, transactions are conducted at market prices, and there are no delays and slippage.

3. Guangdong Precious Metals Trading Center in Yin Gui, Guangdong. Guangdong Guiyin is a rising star and soon became the third strongest silver trading platform in China. Guangzhou Stock Exchange, like Tianjiao Exchange, is a state-owned enterprise and is supervised by local government. Almost all political parties

Everything is consistent with Tiantong Bank, and the minimum margin ratio is 5%, which does not correspond to the client's funds. As long as you open an account, you can use 20 times leverage. Of course, the risks and benefits have also been magnified a lot. In addition, Guangdong is expensive.

The overnight fee for silver is 1/10000, which is slightly superior to Tiantong Silver.