The minimum Dealer Member inventory margin and client account margin requirements for precious metal certificates and bullion are as follows:
Precious metal investment type
Minimum margin required expressed as a percentage of market value
Negotiable certificates issued by chartered banks and trust companies authorized to do business in Canada, evidencing an interest in one of gold, platinum or silver
Gold or silver bullion purchased by a Dealer Member for inventory or on behalf of a client, from the Royal Canadian Mint or a chartered bank that is a market making member or a full member of the London Bullion Market Association
The Dealer Member must have a written representation from bullion vendor stating that the bullion are London Bullion Market Association good delivery bars for the bullion to be margin eligible under subsection 5430(1).
5431. - 5439. Reserved.