Micro Silver Futures - Contract Specs
Contract Unit | 1,000 troy ounces |
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Price Quotation | U.S. dollars and cents per troy ounce |
Trading Hours | CME Globex: Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT CME ClearPort: Sunday 5:00 p.m. - Friday 4:00 p.m. CT with no reporting Monday - Thursday from 4:00 p.m. - 5:00 p.m. CT |
Minimum Price Fluctuation | Outright: 0.005 per troy ounce = $5.00 Settlement: 0.001 per troy ounce = $1.00 CALENDAR SPREAD 0.001 per troy ounce = $1.00 |
Product Code | CME Globex: SIL CME ClearPort: SIL Clearing: SIL |
Listed Contracts | Monthly contracts listed for 3 consecutive months and any Jan, Mar, May, July, Sep and Dec within the nearest 12 months. |
Settlement Method | Deliverable |
Termination of Trading | Trading terminates on the third last business day of the contract month. |
Settlement Procedures | |
Position Limits | |
Exchange Rulebook | |
Block Minimum | |
Price Limit or Circuit | |
Vendor Codes | |
Delivery Period | Delivery may take place on any business day beginning on the first business day of the delivery month or any subsequent business day of the delivery month, but not later than the last business day of the current delivery month. |