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Exchange Services
1. Silver
DDSC is licensed by the CME Group (Comex Division) to store silver bullion for Exchange members and their customers.
The contract specifications for silver bullion eligible for Comex delivery are:
Contract Size: 5000 troy ounces, comprising five "1000 troy ounce bars" each weighing between 900 to 1100 gross troy ounces
Brand: bars must bear the name of an Exchange-approved refiner (see approved refiner list on the CME website)
Purity (fineness): 0.999 minimum
Click on http://cmegroup.com/trading/metals for currectstocks, rates and other information
DDSC is also licensed by the NYSE-Liffe(formally the CBOT) to store silver for Exchange members and their customers.
Contract specifications for silver bullion eligible for NYSE-Liffe delivery are the same as those listed above for Comex delivery. There are two NYSE-Liffe contract sizes: a single “1000 troy ounce bar” called the "mini contract," and five "1000 troy ounce bars" (5,000 ounces) for the standard size contract.
Click on http://nyseliffeus.com/preciousmetals for current depositories, refiners, assayers, carriers, stocks, rates and other information.
| 2. |
Platinum DDSC is licensed by the NYSE-liffe (NYMEX Division) to store platinum bullion for its members and their customers. The contract specifications for platinum bullion eligible for Nymex delivery are: |
| A. | Contract Size: 50 troy ounces, comprising either one 50 troy ounce bar, plate or ingot, or five 10 troy ounce platinum bars, plates or ingots, having a total weight of between 47.5 and 52.5 troy ounces (i.e., 50 troy ounces +/- 5%) | |
| B. | Brand: bars must bear the name of an Exchange-approved refiner (see approved refiner list on the CME website). | |
| C. | Purity (fineness): 0.9995 minimum |
Click on http://www.cmegroup.com/trading/metals for current stocks, rates and other information
| 3. |
Palladium DDSC is licensed by the CME Group (Comex Division) to store palladium bullion for its members and their customers. |
The contract specifications for palladium bullion eligible for Nymex delivery are:
| A. | Contract Size: 100 troy ounces, comprising either one 100 troy ounce plate, bar or ingot, or ten 10 troy ounce platinum bars, plates or ingots, having a total weight of between 95 and 105 troy ounces (i.e., 100 troy ounces, +/- 5%) | |
| B. | Brand: bars must bear the name of an Exchange-approved refiner (see approved refiner list on the CME website). | |
| C. | Purity (fineness): 0.9995 minimum |
Visit http://www.cmegroup.com/trading/metals for current depositories, refiners, assayers, carriers, stocks, rates and other information.