Notice

US IL Day Holiday Notice

  Dear customer: US LABOR DAY HOLIDAY NOTICE Please note that due to the approaching Labor Day holiday in the United States, the trading hours of some products at MTF will be changed. The following times are all Beijing time (GMT+8) :   GOODS TRADING ADJUSTMENT TIME Precious metals（excluding XPDUSD、XPTUSD） Early closed at 01:30 on Tuesday, September 8th. On Tuesday, September 8th, the market open at 06:01, trading as usual. XPDUSD、XPTUSD Early closed at 22:00 on Monday, September 7th. On Tuesday, September 8th, the market open at 06:01, trading as usual. XTIUSD、XNGUSD Early closed at 01:30 on Tuesday, September 8th. On Tuesday, September 8th, the market open at 06:01, trading as usual. XBRUSD Early closed at 01:30 on Tuesday, September 8th. On Tuesday, September 8th, the market open at 08:00, trading as usual. DXY  Early closed at 01:30 on Tuesday, September 8th. On Tuesday, September 8th, the market open at 08:15, trading as usual. JPN225、NAS100、US30、US500 Early closed at 01:00 on Tuesday, September 8th. On Tuesday, September 8th, the market open at 06:05, trading as usual.   明德金融 4/9/2026  

Important Notice: Adjustment to RMB Kilo Silver (RKSCNH) Contract Specifications and Margin Requirements

Dear Valued Client, In our continuous effort to optimize our product offerings, enhance trading flexibility, and better serve our clients, we will be implementing adjustments to the CONTRACT SPECIFICATIONS AND MARGIN REQUIREMENTS for our RMB KILO SILVER (TICKER SYMBOL: RKSCNH). The detailed changes are as follows: ITEM BEFORE ADJUSTMENT AFTER ADJUSTMENT (NEW STANDARD) CONTRACT SIZE (PER LOT) 100,000 (100 kg) 15,000 (15 KG) MARGIN REQUIREMENT (PER LOT) CNH 30,000 CNH 5,000 TICKER SYMBOL RKSCNH REMAINS UNCHANGED ADJUSTMENT DETAILS AND IMPLEMENTATION SCHEDULE * EFFECTIVE DATE: This adjustment will take effect at MARKET OPEN ON MONDAY, AUGUST 11, 2026. * IMPLEMENTATION METHODThis is a permanent change to the product specifications. From the effective date, all NEWLY OPENED positions in RKSCNH will be subject to the new contract size (15,000 units/lot) and the new margin requirement (CNH 5,000/lot). * IMPACT ON EXISTING POSITIONS: * EXISTING POSITIONS opened prior to the effective date WILL NOT BE AFFECTED. They will continue to be governed by the original contract size (100,000 units/lot) and margin requirement (CNH 30,000/lot) until they are closed by the client. * We recommend that clients holding positions with the old specifications manage their trades carefully in accordance with their own strategies, either before or after the effective date. BACKGROUND AND IMPACT OF THE ADJUSTMENT This adjustment is designed to LOWER THE ENTRY BARRIER for individual trades, allowing investors to participate in RMB Kilo Silver trading with smaller contract units and lower margin requirements. This facilitates more precise capital management and risk control. Please note that following this adjustment, THE PER-LOT CONTRACT VALUE, POINT VALUE CALCULATION METHOD, AND MARGIN REQUIREMENTS WILL CHANGE ACCORDINGLY. We advise you to review the updated trading details through our trading platform or by contacting your account manager before the effective date.   RISK WARNING Leveraged precious metals trading carries a high level of risk. You may lose more than your initial margin deposit. Before deciding to trade, you should carefully consider your investment objectives, financial situation, and risk tolerance. Should you have any questions, please do not hesitate to contact our 24-hour customer service team.   Ming Tak MTF 10/8/2026

US Independence Day Holiday Notice

  Dear customer: US INDEPENDENCE DAY HOLIDAY NOTICE Please note that due to the approaching Independence Day holiday in the United States, the trading hours of some products at MTF will be changed. The following times are all Beijing time (GMT+8) :   GOODS TRADING ADJUSTMENT TIME Precious metals（including XPDUSD、XPTUSD） Close at 01:00 on Saturday, July 4th. On Monday, July 6th, the market open at 06:01, trading as usual. XBRUSD、XTIUSD、XNGUSD Close at 01:00 on Saturday, July 4th. On Monday, July 6th, the market open at 06:01, trading as usual. DXY  Close at 01:00 on Saturday, July 4th. On Monday, July 6th, the market open at 08:15, trading as usual. JPN225、NAS100、US30、US500 Close at 01:00 on Saturday, July 4th. On Monday, July 6th, the market open at 06:01, trading as usual.   明德金融 29/6/2026  

American June Holiday Notice

  Dear customer: AMERICAN JUNE HOLIDAY NOTICE Please note that due to the approaching June Festival holiday in the United States, the trading hours of some products at MTF will be changed. The following times are all Beijing time (GMT+8) :   GOODS TRADING ADJUSTMENT TIME Precious metals（including XPDUSD、XPTUSD） Closed at 01:00 on Saturday, June 20th. On Monday, June 22th, the market opened at 06:01, trading as usual. XBRUSD、XTIUSD、XNGUSD Closed at 01:00 on Saturday, June 20th. On Monday, June 22th, the market opened at 06:01, trading as usual. DXY  Closed at 01:00 on Saturday, June 20th. On Monday, June 22th, the market opened at 08:15, trading as usual. JPN225、NAS100、US30、US500 Closed at 01:00 on Saturday, June 20th. On Monday, June 22th, the market opened at 06:01, trading as usual.   明德金融 11/6/2026  

Notice on Rules for Opening Multiple Trading Accounts

Dear Customers, In order to better allocate company resources and maintain a fair trading environment, we hereby set out the following rules regarding the opening of multiple trading accounts by the same customer: I. ACCOUNT OPENING RULES * Each customer may open their first trading account free of charge. * For any additional trading accounts, please submit an application to your Relationship Manager. Approval will be granted based on the customer's trading profile (including but not limited to deposit size, trading activity, etc.). II. ACCOUNT MANAGEMENT To safeguard customer funds, the Company reserves the right to exercise comprehensive risk management over multiple accounts held by the same customer, including but not limited to the consolidated monitoring of positions, net asset value, and trading activities. III. SPECIAL PROVISIONS The Company reserves the right to review abnormal trading activities. Should a customer be found to have engaged in deposits and withdrawals for the sole purpose of satisfying account opening requirements without a genuine trading intent, the Company reserves the right to reject the relevant account opening application. IV. EFFECTIVE DATE These rules take effect from 7 JUNE 2026. Should you have any questions, please do not hesitate to contact our Customer Service Team. Ming Tak MTF 7 June 2026

Memorial Day Notice

Dear Customer:   MEMORIAL DAY HOLIDAY NOTICE   Please note that due to the approaching Memorial Day holiday, the trading hours for some of our products will be adjusted. The following times are all in Beijing Time (GMT+8):   GOODS TRANSACTION ADJUSTMENT TIME Precious metals (including XPDUSD, XPTUSD) The market will be early closed on Tuesday, May 26th at 01:30. Trading will resume as usual on Tuesday, May 26th at 06:01. Base-Metal The market will be closed on Saturday, May 23nd at 01:55. Trading will resume as usual on Tuesday, May 26th at 08:05. XBRUSD The market will be early closed on Tuesday, May 26th at 02:15. Trading will resume as usual on Tuesday, May 26th at 08:00. XTIUSD, XNGUSD The market will be ealry closed on Tuesday, May 26th at 02:15. Trading will resume as usual on Tuesday, May 26th at 06:01. DXY The market will be early closed on Tuesday, May 26th at 02:00. Trading will resume as usual on Tuesday, May 26th at 08:15. JPN225、 NAS100、US30、US500 The market will be early closed on Tuesday, May 26th at 01:00. Trading will resume as usual on Tuesday, May 26th at 06:01.   MTF 21/5/2026

Easter Holiday Notice

Dear Customer:   EASTER HOLIDAY NOTICE   Please note that due to the approaching Easter holiday, the trading hours for some of our products will be adjusted. The following times are all in Beijing Time (GMT+8):   GOODS TRANSACTION ADJUSTMENT TIME Precious metals (包括XPDUSD、 XPTUSD) The market will be closed on Friday, April 3th at 04:59. Trading will resume as usual on Monday, April 6th at 06:01. XTIUSD The market will be closed on Friday, April 3th at 04:59. Trading will resume as usual on Monday, April 6th at 06:01. XBRUSD The market will be closed on Friday, April 3th at 04:59. Trading will resume as usual on Monday, April 6th at 08:00. JPN225、 NAS100、US30、US500 The market will be closed on Friday, April 3th at 21:15. Trading will resume as usual on Monday, April 6th at 06:01.   MTF 29/3/2026

Daylight saving time Notice

Dear customer:   DAYLIGHT SAVING TIME NOTICE   Please note that as summer is coming, our trading platform will change the server time to GMT+1 (previously GMT+0) from Sunday, March 8th. From 8th March 2026, please refer to the following table for the trading time of our products:   GOODS Precious Metals Monday 06:01 to Saturday 04:59 Base Metals  Monday 08:01 to Saturday 02:00 XTIUSD、XNGUSD Monday 06:01 to Saturday 04:59 XBRUSD Monday 08:01 to Saturday 04:59 Index JPN225、NAS100 、US30、US500 Monday 06:01 to Saturday 04:59 DXY Monday 08:15 to Saturday 04:45   MTF 2/3/2026

Presidential day notice of the United States

Dear Customer:   PRESIDENTIAL DAY NOTICE OF THE UNITED STATES   Please note that due to the approaching US President's Day, some trading hours for certain products at MTF will be adjusted. The following times are all in Beijing Time (GMT+8):   GOODS TRANSACTION ADJUSTMENT TIME Precious metals The market will be closed on Tuesday, February 17th at 03:15. Trading will resume as usual on Tuesday, February 17th at 07:01. XTIUSD The market will be closed on Tuesday, February 17th at 03:15. Trading will resume as usual on Tuesday, February 17th at 07:01. XBRUSD The market will be closed on Tuesday, February 17th at 03:15. Trading will resume as usual on Tuesday, February 17th at 09:00. XPDUSD、 XPTUSD The market will be closed on Tuesday, February 17th at 03:30. Trading will resume as usual on Tuesday, February 17th at 07:01. US500、 JPN225、 US3 0、 NAS100 The market will be closed on Tuesday, February 17th at 02:00. Trading will resume as usual on Tuesday, February 17th at 07:01.   MTF 6/2/2026

Martin Luther King Jr. Memorial Day Notice

Dear Customer:   MARTIN LUTHER KING JR. MEMORIAL DAY NOTICE   Please note that due to the approaching Martin Luther King Jr. Day, some trading hours for Meridian Finance's products will be adjusted. The following times are all in Beijing Time (GMT+8):   GOODS TRANSACTION ADJUSTMENT TIME Precious metals The market will be closed on Tuesday, January 20th at 03:15.  The market opened as usual at 07:01 on Tuesday, January 20th. XTIUSD The market will be closed on Tuesday, January 20th at 03:15.  The market opened as usual at 07:01 on Tuesday, January 20th. XBRUSD The market will be closed on Tuesday, January 20th at 03:15.  The market will open as usual at 09:00 on Tuesday, January 20th. XPDUSD、XPTUSD Market closes at 23:00 on Monday, January 20th.  The market opened as usual at 07:01 on Tuesday, January 20th. US500、 JPN225、 US3 0、 NAS100 The market will be closed on Tuesday, January 20th at 02:00.  The market opened as usual at 07:01 on Tuesday, January 20th.   MTF 14/1/2026

Important Announcement on Adjusting the Trading Margin (Margin)

Dear customer:   IMPORTANT ANNOUNCEMENT ON ADJUSTING THE TRADING MARGIN (MARGIN)   Hello! Thank you for your continuous support and trust in Mingde Finance. To continuously provide a stable and reliable trading environment and ensure the safety of clients' funds under extreme market fluctuations, our company will make structural adjustments to the calculation rules of trading margins (deposits) for some CFD products.   1) ADJUST THE BACKGROUND AND PURPOSE Recently, the global precious metals and non-ferrous metals markets (such as gold, silver, palladium, platinum, copper, etc.) have been affected by multiple macroeconomic factors and geopolitical events, with price volatility significantly intensifying and intraday instantaneous fluctuations expanding. Although this kind of market environment contains trading opportunities, it also correspondingly increases the risk exposure of the account. To implement our responsible financial service philosophy and achieve the following key goals, our company has decided to carry out this margin adjustment: * Risk management first: By implementing more refined margin requirements, we pre-manage the potential margin call risks that clients may face in a highly volatile market, protecting clients from unexpected significant losses caused by extreme market fluctuations. * Ensure platform stability: Guarantee the overall stability of the trading system, prevent chain reactions caused by individual oversized positions during sharp fluctuations, and thereby maintain a fair and orderly trading environment for all clients. * Advocate rational trading: Encourage clients to rationally allocate positions and funds based on market volatility, and promote long-term stable trading habits. 2) ADJUST THE EFFECTIVE TIME This new margin calculation rule will come into effect officially at the OPENING ON JANUARY 12, 2026.   3) ADJUST THE DETAILS AND CALCULATION METHODS The new rule will adopt a hierarchical progressive calculation method based on the total number of positions held by the client for the same product. The margin standards for each level are as follows:   HOLDING LOT RANGE (FOR THE SAME PRODUCT) MARGIN REQUIREMENT FOR EACH LOT（USD） 0 - 10 lots 1,000 >10 - 20 lots 1,500 >20 - 30 lots 2,000 >30 - 40 lots 2,500 >40 - 50 lots 3,000 Note: This is the standard margin requirement. The company reserves the right to make temporary adjustments based on market conditions.   【 CALCULATION EXAMPLE 】 : Suppose a client trades XAUUSD (SPOT GOLD), and the current new position or open position volume is 12 LOTS. The margin required is calculated as follows: * Lots 1 to 10: Calculated at 1,000 USD per lot → 10 lots × 1,000 USD = 10,000 USD * Lots 11 to 12: The number of lots in this part falls within the range of more than 10 to 20 lots. Calculated at 1,500 USD per lot → 2 lots × 1,500 USD = 3,000 USD * The total margin required for this client to trade 12 lots of XAUUSD is: 10,000 USD + 3,000 USD = 13,000 USD 【 KEY POINTS 】 * This calculation is HIERARCHICAL PROGRESSIVE, and not all hands are calculated according to the highest standard. * This rule mainly targets the total POSITION OF A SINGLE PRODUCT. The holding numbers of different products are calculated independently and do not affect each other. The trading platform will automatically calculate and display the required margin in real time based on your positions. You don't need to calculate it manually.   4)  ADVICE FOR CUSTOMERS * RE-EVALUATE POSITIONS: Before establishing a new position, please be sure to carefully assess the available margin ratio in accordance with the new margin rules and in combination with the net value of your account. * PAY ATTENTION TO ACCOUNT ALERTS: Please closely monitor your account margin level to ensure that your account has sufficient funds to withstand market fluctuations. * RISK MANAGEMENT TOOLS: Make good use of risk management tools such as stop-loss orders to set clear risk boundaries for your positions. We understand that any rule adjustments may take you time to adapt. This adjustment is based on long-term risk management considerations and aims to accompany you through market cycles to achieve a sustainable trading journey.   If you have any questions about this adjustment or need further details, please feel free to contact your account manager or our customer service team at any time.   Thank you again for your understanding and support! MTF January 8, 2026

Notice on Adjustment of Spread and Margin for Silver xagusd

Dear customers：   NOTICE ON ADJUSTMENT OF SPREAD AND MARGIN FOR SILVER XAGUSD   Due to the tight silver inventory and the weakening of liquidity during the holiday period, the liquidity risk has risen. As of today (28/12), the margin per lot has been raised to $2,000, and the spread has been adjusted to 0.2(200 basis points). Please take note.   MTF 28/12/2025

鈀鉑市場缺乏流動性通告

親愛的客戶：   以下是鈀鉑市場缺乏流動性通告   由於鈀鉑市場(xpdusd及xptusd)嚴重缺乏流動性，即日(26/12/2025)起，兩項產品只能平倉，不能建新倉，直至市場恢復流動性為止，我們將再行通知。   明德金融 26/12/2025

Christmas holiday and New Year's Day holiday notice

Dear customer:   CHRISTMAS HOLIDAY AND NEW YEAR'S DAY HOLIDAY NOTICE   Please note that due to the approaching Christmas and New Year's Day holidays, the trading hours of some products at MTF will be subject to change. The following times are all in Beijing time (GMT+8) : The Christmas holiday adjustment is as follows: GOODS TRANSACTION ADJUSTMENT TIME Precious metals (except XPDUSD and XPTUSD) The market will be closed at 02:30 on Thursday, December 25, 2025 The market will open as usual at 07:01 on Friday, December 26, 2025 XBRUSD The market will be closed at 02:30 on Thursday, December 25, 2025 The market will open as usual at 09:00 on Friday, December 26, 2025 XTIUSD The market will be closed at 02:30 on Thursday, December 25, 2025 The market will open as usual at 07:01 on Friday, December 26, 2025 XPDUSD、 XPTUSD  The market will be closed at 06:00 on Thursday, December 25, 2025 The market will open as usual at 07:01 on Friday, December 26, 2025 US500、 JPN225、 US30、 NAS100 The market will be closed at 02:15 on Thursday, December 25, 2025 The market will open as usual at 07:01 on Friday, December 26, 2025   The New Year's Day holiday is as follows: GOODS TRANSACTION ADJUSTMENT TIME Precious metals (except XPDUSD and XPTUSD) The market will be closed at 05:59 on Thursday, January 1, 2026 The market will open as usual at 07:01 on Friday, January 2, 2026 XBRUSD The market will be closed at 03:30 on Thursday, January 1, 2026 The market will open as usual at 09:00 on Friday, January 2, 2026 XTIUSD The market will be closed at 05:59 on Thursday, January 1, 2026 The market will open as usual at 08:01 on Friday, January 2, 2026   MTF 12/12/2025

Resumption of Normal Trading – CME Technical Issue Resolved

Dear Clients, The Chicago Mercantile Exchange (CME) has officially confirmed that all markets have been REOPENED AND TRADING HAS RESUMED following the earlier technical issue. Market liquidity and pricing have stabilized. IMPACT ON OUR PRODUCTS HAS BEEN LIFTED: * XAUUSD SPOT GOLD: Spreads have returned to our competitive level of 0.15 PIPS, with stable pricing and liquidity. * Trading operations for all products have returned to normal. We thank you for your patience and understanding during this market disruption. We remain committed to providing you with a reliable trading environment. Should you have any questions, please feel free to contact our customer service team. SINCERELY, MING TAK FINANCE

Important Notice Regarding Limited Liquidity Due to CME Technical Issues

TO OUR VALUED CLIENTS, This morning, the Chicago Mercantile Exchange (CME) suspended trading for its Globex futures and options markets, citing a technical issue. This event has significantly impacted market liquidity and pricing for related products. IMPACT ON TRADING: * SEVERELY LIMITED LIQUIDITY: As CME is a primary global pricing venue for gold derivatives, this outage has led to a substantial reduction in market liquidity. * POTENTIAL FOR WIDER SPREADS: While Mingde Financial takes pride in offering highly competitive XAUUSD spreads as low as 0.15 PIPS, the current abnormal market conditions mean that spreads may temporarily widen beyond our standard levels. * INCREASED VOLATILITY: The lack of liquidity may lead to heightened market volatility. Please be aware of the increased risks associated with trading under these conditions. OUR RECOMMENDATIONS: * MONITOR YOUR OPEN POSITIONS: Closely watch your trading account to ensure your positions remain manageable. * MAINTAIN SUFFICIENT MARGIN: To protect your account from potential margin calls due to volatile price swings, please ensure you maintain adequate funds. * EXERCISE CAUTION: We advise you to exercise extreme caution, consider reducing your position sizes, or avoid high-risk trades until market conditions normalize and liquidity returns. We are closely monitoring the situation and CME's progress in resolving the technical issue. We will provide further updates as more information becomes available. If you have any questions or concerns, please do not hesitate to contact our Customer Service team. Thank you for your understanding and cooperation. SINCERELY, MINGDE FINANCIAL

Thanksgiving Holiday Notice

Dear customers：   THANKSGIVING HOLIDAY NOTICE   Please note that due to the approaching Thanksgiving holiday, the trading hours of some products at MTF will be subject to change. The following times are all in Beijing time (GMT+8) : GOODS TRANSACTION ADJUSTMENT TIME Precious metals (XPD, USD, XPT, US, D, etc.) The market will be closed at 02:15 on Friday, November 28th and resume trading as usual at 07:01 on the same day The market will be closed at 02:30 on Saturday, November 29th and resume trading as usual at 07:01 on Monday, November 31st XBRUSD  The market will be closed at 02:15 on Friday, November 28th and resume trading as usual at 09:00 on the same day The market will be closed at 02:30 on Saturday, November 29th and resume trading as usual at 09:00 on Monday, November 31st XTIUSD、 XNGUSD  The market will be closed at 02:15 on Friday, November 28th and resume trading as usual at 07:01 on the same day The market will be closed at 02:30 on Saturday, November 29th and resume trading as usual at 07:01 on Monday, November 31st XPDUSD、 XPTUSD The market will be closed at 23:00 on Thursday, November 27th and resume trading as usual at 07:01 on Friday, November 28th The market will be closed at 23:00 on Friday, November 28th and resume trading as usual at 07:01 on Monday, November 31st US500、 JPN225、 U S3 0、 NAS100 The market will be closed at 02:00 on Friday, November 28th and resume trading as usual at 07:01 on the same day The market will be closed at 02:15 on Saturday, November 29th and resume trading as usual at 07:01 on Monday, November 31st   MTF 20/11/2025

Winter time notice

Dear customer: WINTER TIME NOTICE Please note that as winter is coming, our trading platform will change the server time to GMT+0 (previously GMT+1) from Monday, November 3rd. From November 3rd, please refer to the following table for the trading time of commodities. The following time is Beijing time (GMT+8): GOODS precious metal Monday 07:01 to Saturday 05:59 XTIUSD Monday 07:01 to Saturday 05:59 XBRUSD Monday 09:01 to Saturday 05:59 index JPN225 Monday 07:01 to Saturday 05:59 NAS100 Monday 07:01 to Saturday 05:59 US30 Monday 07:01 to Saturday 05:59 US500 Monday 07:01 to Saturday 05:59   MTF 13/10/2025

Trading Notice

Dear customer:   TRADING NOTICE   Due to the tariff war between China and the United States, market conditions may experience significant fluctuations. If there is a gap at the opening of the market, regardless of whether it is a new order or a limit price for closing a position, or whether it is a take-profit or stop-loss order, it will be executed at the first market price. In addition, due to the relatively sparse trading volume in the early morning market, if market liquidity is insufficient, the bid-ask spread of gold may widen. Please pay attention.   MTF 12/10/2025

Labor Day Holiday Notice in the United States

Dear customers：   LABOR DAY HOLIDAY NOTICE IN THE UNITED STATES   Please note that due to the upcoming Labor Day holiday in the United States, the trading hours of some products at MTF will be adjusted. The following times are all in Beijing Time (GMT+8):   GOODS TRANSACTION ADJUSTMENT TIME Precious metals (except XPDUSD and XPTUSD) The market will be closed at 02:15 on Tuesday, September 2nd The market will open as usual at 06:01 on Tuesday, September 2nd XPDUSD、 XPTUSD The market will be closed at 22:00 on Monday, September 1st The market will open as usual at 06:01 on Tuesday, September 2nd XBRUSD The market will be closed at 02:15 on Tuesday, September 2nd Trading will resume as usual at 08:00 on Tuesday, September 2nd XTIUSD、 XNGUSD  The market will be closed at 02:15 on Tuesday, September 2nd The market will open as usual at 06:01 on Tuesday, September 2nd DXY The market will be closed at 02:30 on Tuesday, September 2nd The market will open as usual at 08:15 on Tuesday, September 2nd JPN225、 NAS100、US30、US500  The market will be closed at 01:00 on Tuesday, September 2nd The market will open as usual at 06:01 on Tuesday, September 2nd   MTF 28/8/2025