Chinese Gold and Silver Exchange Society | |||||||||||
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Traditional Chinese | 金銀業貿易場 | ||||||||||
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The Chinese Gold and Silver Exchange Society (CGSE; 金銀業貿易場) is an organisation of gold trading firms in Hong Kong who are participants of the Chinese Gold and Silver Exchange, the first exchange in Hong Kong.[1]
The Chinese Gold and Silver Exchange was established in 1910 and has a history of more than 110 years. CGSE is amongst the few Exchange in the world that has both an open outcry and an electronic precious metals trading platform. It is Hong Kong's only physical Gold and Silver Exchange approved by the government under the Laws of Hong Kong in Article 3(d) of Chapter 82.
The CGSE has 171 corporate members from the precious metals industry representing key stakeholders, which include banks, large jeweler groups, bullion merchants, gold refineries, and financial institutions. The role of CGSE is to provide its members with a venue to facilitate precious metal trading activities and member advisory.[2]