SGE About - Overview (A Glimpse of SGE and SGEI)

A Glimpse of SGE and SGEI  Shanghai Gold Exchange (SGE) was established in October 2002 by People’s Bank of China (“PBOC”) upon approval by State Council and supervised by PBOC. Founded in September 2014, Shanghai Gold Exchange International (“SGEI”) is registered in Shanghai Pilot Free Trade Zone and fully owned by SGE with registered capital of RMB 2 billion. SGEI is authorized by SGE to undertake the operation and management of International business which enables foreign institutions to access to China precious metals market. SGEI provides international members and other market participants with one-stop service for precious metals trading ,clearing and settlement, delivery and vaulting, information inquiry, to achieve effective connectivity between domestic and international gold markets. SGE as the central counterparty, organizes the centralized clearing and settlement of every trade matched through or registered in the system. SGE is a membership-based organization with two basic types of members: Domestic Members and International Members. International Members include Full Members (Type A Members), Proprietary Members (Type B Members), and Special International Members (Type C Members). International Membership cannot be transferred but can be withdrawn and SGEI will refund the membership fee to the member. Membership Structure