Shanghai Gold Exchange Extends Trading Session

January 14, 2003

Beijing, (XFN via COMTEX) -- The Shanghai Gold Exchange will extend the afternoon trading session to 15:30 local time from January 15, half an hour longer than the previous market closing time, the International Finance News said.

The Shanghai-based newspaper said the session extension is aimed at meeting increasing trading demand.

It said from January 15, the afternoon trading session will be 13:30 to 15:30 and the morning session will remain unchanged at 10:00 to 11:30.

In December, the exchange, which began formal trading on October 30, 2002, extended its trading hours in the afternoon session to 13:30 to 15:00, from the previous 13:00 to 14:00, at the request of some member companies.

Demand increasing so much in China they are extending the hours for trading Gold! Silver starts later this year :-)

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