As of today, April 20, E-mini Gold and E-mini Silver futures are now available on CME Globex. The contracts are roughly 1/3 and 1/5 of the standard contracts, which serve as the global benchmarks for gold and silver pricing. At 33 troy oz. (approximately 1 kilo) for Gold and 1,000 troy oz. for Silver, these E-mini futures offer customers several important benefits, including:
- Direct exposure to the price of gold/silver with smaller contracts and lower risks to diversify your portfolio
- Cash-settlement
- Access to the most liquid metals futures market in the world
- Availability around the clock, around the world on the CME Globex electronic trading platform
- Security through centralized clearing, guaranteed counterparty credit and segregation of customer funds
- Price transparency, giving all market participants equal access while maintaining anonymity in all bids and offers
Note: The first listed month will be June 2009.
IMPORTANT LINKS:
 For a complete list of contract specifications, please click here.
Fees for Trading E-mini Gold and Silver Futures
| |
E-mini Gold Futures |
E-mini Silver Futures |
COMEX Member |
Day $0.15
Overnight $0.25 |
Day $0.09
Overnight $0.14 |
Non-Member |
$0.50 |
$0.29 |
NYMEX Member |
$0.35 |
$0.19 |
All Fees During COMEX Extended Trading Hours Will Be Waived for Six Months.*
ETH for Gold is 6:00 P.M. – 8:19 A.M., 1:31 P.M. – 5:15 P.M. New York time
ETH for Silver is 6:00 P.M. – 8:24 A.M., 1:26 P.M. – 5:15 P.M. New York time
* Exchange fees for trading E-mini Gold and Silver futures during COMEX ETH will be waived from April 19, 2009 through October 31, 2009.
More information on these new contracts can be found at www.cmegroup.com/eminimetals
|
Please be advised that there will be a change to the 2010 Holiday Calendar posted on the Exchange web site. December 31, 2010 will be a regular business day. As a result, December Gold, Silver, and Copper futures will now terminate on December 29, 2010.
All other markets available on CME ClearPort will have their expiration schedules adjusted such that they will expire according to their rules with December 31, 2010 being the last business day of the calendar month.
Please refer to the Exchange web site to view the new expiration schedules. As a note, Friday, December 24, 2010 will continue to be an Exchange Holiday.
Should you have any questions regarding these changes, please contact Mel Garcia at (212) 299-2144 or Bob Biolsi at (212) 299-2610.
|
