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miNY Silver Futures Contract Specs

Contract Unit 2,500 troy ounces
Price Quotation U.S. cents per troy 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 $0.0125 per troy ounce
Product Code CME Globex: QI
Clearing: QI
Listed Contracts Trading is conducted in any January, March, May, July, September, and December contract month falling within the current 24-month period for which a 5,000 Troy Ounce Silver Futures contract is listed.
Settlement Method Financially Settled
Floating Price The floating price for each contract month is equal to the COMEX Silver Futures contract's settlement price for the corresponding contract month on the third last business day of the month prior to the named contract month.
Termination Of Trading Trading terminates on the third last business day of the month preceding the delivery month.
Settlement Procedures miNY Silver Settlement Procedures
Position Limits NYMEX Position Limits
Exchange Rulebook COMEX 912
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing