An Efficient Way for Individual Investors to Trade Gold

E-micro Gold futures offer incremental access to ownership of a 100-ounce bar of gold. The contract is based on ten ounces of gold, one-tenth the size of the world benchmark for gold prices, the COMEX Gold futures contract. As such, they offer individual investors a less capital-intensive way to participate in the world gold market than trading the standard-sized contract.

Other than its size, the E-micro Gold contract replicates the standard contract in most ways: same tick size, depository location, and last trading days. One E-micro Gold contract, however, does not offer delivery of 10 ounces of gold. Ten contracts are required for that.

Each E-micro contract yields one Accumulated Certificate of Exchange (ACE), which provides ten percent ownership in a 100-ounce gold bar. Ten ACEs can be converted into an official COMEX licensed gold warrant, representing an actual serial-numbered bar of gold.

Gold Futures and Options 100 troy ozs. $0.10 per troy oz. $10.00 OO 8:20 a.m. – 1:30 p.m. ET/7:20 a.m. – 12:30 p.m. CT GLBX Sun – Fri 6:00 p.m. – 5:15 p.m. ET/5:00 p.m. – 4:15 p.m. CT CLRPRT Sun – Fri 6:00 p.m. – 5:15 p.m. ET/5:00 p.m. – 4:15 p.m. CT 3RD last bus. day of the contract month Physical OO, GLBX, CLRPRT

E-mini Gold 33 troy ozs. $0.10 per troy oz. $3.30 GLBX Sun – Fri 6:00 p.m. – 5:15 p.m. ET/5:00 p.m. – 4:15 p.m. CT 3RD last bus. day of the month preceding the contract month Financial GLBX

Silver Futures and Options 5,000 troy ozs. $0.005 per troy oz. (outright transactions); $0.001 per troy oz. (spreads/settlement) $25.00 (outright transactions); $5.00 (spreads/ settlement) OO 8:25 a.m. – 1:25 p.m. ET/7:25 a.m. – 12:35 p.m. CT GLBX Sun – Fri 6:00 p.m. – 5:15 p.m. ET/5:00 p.m. – 4:15 p.m. CT CLRPRT Sun – Fri 6:00 p.m. – 5:15 p.m. ET/5:00 p.m. – 4:15 p.m. CT 3RD last bus. day of the contract month Physical OO, GLBX, CLRPRT

E-mini Silver 1,000 troy ozs. $0.005 per troy oz. (outright transactions); $0.001 per troy oz. (spreads/settlement) $25.00 (outright transactions); $5.00 (spreads/ settlement) GLBX Sun – Fri 6:00 p.m. – 5:15 p.m. ET/5:00 p.m. – 4:15 p.m. CT 3RD last bus. day of the contract month Physical OO, GLBX, CLRPRT

Copper Futures and Options 25,000 lbs. $0.0005 per lb. $12.50 OO 8:10 a.m. – 1:00 p.m. ET/7:10 a.m. – 12:00 p.m. CT GLBX Sun – Fri 6:00 p.m. – 5:15 p.m. ET/5:00 p.m. – 4:15 p.m. CT CLRPRT Sun – Fri 6:00 p.m. – 5:15 p.m. ET/5:00 p.m. – 4:15 p.m. CT 3RD last bus. day of the contract month Physical OO, GLBX, CLRPRT

E-mini Copper 12,500 lbs. $0.0020 per lb. $25.00 GLBX Sun – Fri 6:00 p.m. – 5:15 p.m. ET/5:00 p.m. – 4:15 p.m. CT 3RD bus. day prior to the 1ST day of the contract month Financial GLBX