Ping An Bank: Starting April 1, the agency personal precious metals trading business at the Shanghai Gold Exchange will be gradually discontinued depending on circumstances

LightningPacketLoss · 2026-03-12T12:48:29+00:00

Ping An Bank announced that to prevent market risks, starting March 11, 2026, it will adjust the margin ratio for individual precious metals trading to 100%, and plans to gradually close the related business starting April 1. Customers must close out positions or transfer funds before March 31. Those who do not agree to the changes may proceed with settlement and account cancellation procedures. The bank reminds customers to increase risk awareness and trade prudently.

LightningPacketLoss

2026-03-12 12:48:29

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Recently, Ping An Bank announced that to further prevent market risks and protect investors’ rights, based on recent international precious metals market trends and the bank’s risk control requirements, it will make adjustments to its agency personal precious metals trading business on the Shanghai Gold Exchange. The specific notice is as follows:

Starting after the close on Wednesday, March 11, 2026, the margin ratio for agency personal precious metals exchange trading contracts Au (T+D), mAu (T+D), and Ag (T+D) will be adjusted to 100%. Customers are advised to make funds arrangements in advance.
Since November 2021, Ping An Bank has gradually suspended spot physical purchases and delayed opening of spot positions. From April 1, 2026, the bank will gradually revoke related business permissions and exit this business as appropriate. In light of recent international precious metals market trends and to further prevent business risks and fully protect customer rights, customers are encouraged to log in to the bank’s “Jujinbao” app or visit branch outlets before March 31, 2026, to close positions, sell inventory, transfer funds, or terminate contracts.

If customers do not agree with the above changes, they may settle and cancel this business through the bank’s counters, “Jujinbao,” or other channels before the changes take effect.

Additionally, Ping An Bank reminds customers to be sure to take risk prevention measures, enhance risk awareness, control positions reasonably, and trade cautiously.

(Ping An Bank)

(Edited by: Qian Xiaorui)

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