Asset Class Navigation

1,000-oz. Silver Futures Contract Specs

Contract Unit 1,000 troy ounces
Price Quotation Cents per troy ounce. Please note: Prices are disseminated in U.S. Dollars and Cents
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
CME ClearPort: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Minimum Price Fluctuation Outrights: $0.01 per troy ounce
Spreads: $0.005 per troy ounce
Settlement: $0.001 per troy ounce
Product Code CME Globex: SIL
CME ClearPort: SIL
Clearing: SIL
Listed Contracts Current calendar month; the next two calendar months; any January, March, May, July, September, and December falling within a 12-month period.
Settlement Method Deliverable
Termination Of Trading Third last business day of the contract month
Settlement Procedures 1,000-oz. Silver Futures Settlement Procedures
Exchange Rulebook COMEX 121
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
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.