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Cleared OTC London Silver Forwards (cash margined)
| Cleared OTC London Silver Forwards (cash margined) | |||||
|---|---|---|---|---|---|
| Product Symbol | LSF | ||||
| Venue | CME ClearPort | ||||
| Trading Hours | |||||
| CME ClearPort | 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) | ||||
| Contract Size | .001 troy ounces | ||||
| Price Quotation | U.S. Dollars and Cents per ounce | ||||
| Minimum Fluctuation | $0.001 per ounce | ||||
| Last Submission Day | Trades can be submitted at CME Clearing for clearing up to and including one good business day prior to the delivery date. | ||||
| Settlement Type | Physical | ||||
| 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. | ||||
| Position Limits | NYMEX Position Limits | ||||
| Rulebook Chapter | 1083 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of COMEX. | ||||
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