Best Leader precious Metals Limited is a member of the Hong Kong Chinese Gold and Silver Exchange Society (Membership No.: 008). Best Leader mainly offers spot gold and silver trading for retail clients, corporations and financial institutions. All trades are subject to the regulations of The Chinese Gold and Silver Exchange Society (CGSE) and under the laws of Hong Kong. CGSE was founded in 1910 and has more than a hundred years of history. It is the most influential Gold Exchange Society in the Asia-Pacific Region. CGSE is responsible for implementing policies, monitoring members, regularly audit member's financial situations. Best Leader Precious Metals Limited can provide CGSE transaction codes to clients upon request. Therefore, the transaction record can be traced in the CGSE, which largely enhance the transparency in the trading market.
Development History
The Chinese Gold and Silver Exchange Society (CGSE), founded in 191 O, operates in Hong Kong as a registered society. Its mission is providing a trading place, facilities and related services to its members for gold, silver and precious metals transactions. At present, CGSE is the only physical gold trading place with transaction code services in Hong Kong. There are two trading methods: open outcry and electronic trading. "99 Tael Gold Contract" and "Gold Contract" are traded with the open outcry method while contracts for Loco London Gold/ Silver Contract are traded electronically. Since its establishment, the Exchange has adhered to a stringent and effective set of rules. Although constantly tested, the integrity of industry members is always upheld. Moreover, it plays a vital role in Hong Kong's gold market. The Exchange provides local and international investors with a gold market of continuity, liquidity and depth, in which they can exploit gold as a vehicle of investment, speculation, hedging and arbitrage.