ICBC to Strengthen Management of Personal Precious Metals Trading Services for Shanghai Gold Exchange

Deep News12-15 17:20

On December 15, ICBC announced that it will enhance management of its agency services for personal precious metals trading on the Shanghai Gold Exchange to adapt to market changes and protect investor rights.

Clients with no open positions, no inventory, no outstanding debts, and remaining funds in their margin accounts are advised to promptly transfer out their balances through self-service channels. Starting December 19, 2025, ICBC will automatically transfer such clients' margin account balances to their linked settlement accounts and terminate related service functions.

Following the closure, the "Agency Agreement for Personal Client Precious Metals Auction Trading Services" signed between clients and ICBC will be terminated.

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