Transaction Code
In order to raise the level of transparency in the investment of gold and silver, the Chinese Gold and Silver Exchange Society provides transaction codes for the approved electronic trading platforms for gold and silver. This transaction code is a confirmation number issued by the Chinese Gold and Silver Exchange Society upon verifying the information of closed deals. Investors may have free access to the transaction record on the society’s website within one month by using the transaction code.
When an investor deals with the electronic trader approved by the Chinese Gold and Silver Exchange Society, and the trader submits an application to the Chinese Gold and Silver Exchange Society, who in turn verifies that the transaction time and price is complied with the current market value, the Chinese Gold and Silver Exchange Society will issue a transaction code to the trader. Through the unique transaction codes issued by the Chinese Gold and Silver Exchange Society as a confirmation that the transaction has been made through the electronic trading platform of the Chinese Gold and Silver Exchange Society, investors may go online to check the transaction records. The investment of gold has become much more transparent in order to protect the investors’ interests.
When you trade with any electronic trader approved by the Chinese Gold and Silver Exchange Society, you will receive a code when the transaction is verified by the Chinese Gold and Silver Exchange Society. Presently, the Chinse Gold and Silver Exchange Society will charge a fee for issuing the transaction code.
Once the transaction code is approved by the Chinese Gold and Silver Exchange Society, you may retrieve the transaction code from your statement of account, and use it to access the transaction records on the website of the Chinese Gold and Silver Exchange Society with absolute security!
Checking the Trading Account with the Chinese Gold and Silver Exchange Society:
The Chinese Gold and Silver Exchange Society has allocated two kinds of contract for gold and silver, namely, the Loco London 100oz (LLG), Loco London 10oz (MLG), Loco London Silver 5,000oz (LLS), the Loco London Silver 500oz (MLS). The units for contracts in the company are Loco London 100oz and Loco London Silver 5,000oz. Please convert to the applicable contract type and transaction amount before using the transaction code to check the transaction records on the website of the Chinese Gold and Silver Exchange Society.