Cleared OTC London Silver Forwards (cash margin)
Cleared OTC London Silver Forwards (cash margin) - Contract Specs
| Contract Unit | .001 troy ounces |
|---|---|
| Price Quotation | U.S. Dollars and Cents per ounce |
| Trading Hours | Sunday - Friday 6:00 p.m. - 5:15 p.m. (5:00 p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT) |
| Minimum Price Fluctuation | $0.001 per ounce |
| Product Code | CME ClearPort: LSF Clearing: LSF |
| Settlement Method | Deliverable |
| Termination of Trading | Trades can be submitted at CME Clearing for clearing up to and including one good business day prior to the delivery date. |
| Position Limits | |
| Exchange Rulebook | |
| Vendor Codes | |
| Delivery Period | London Good Delivery as specified by the LBMA at unallocated accounts held at LPMCL member banks. Delivery can be made on any good business day in the LBMA calendar, with a maximum available maturity of 5 years from spot. |
