Product Overview

What are Micro Silver futures?

This contract is 1/10th the size of the CME Group benchmark Silver futures contract, allowing for customization of exposure in the silver market.

Why trade Micro Silver futures?

Because the price of gold is a key driver in silver prices, silver can be used as an economic hedge.

  1. Half of all silver consumption comes from computer manufacturing, medical equipment, photography and jewelry – as demand grows for these items, you can participate in the resulting opportunities
  2. Can be used as protection against negative impacts on companies which use a lot of precious metal.

How do you trade Micro Silver futures?

Precious metals such as gold, silver, and palladium may be useful to manage risk or serve as a safe haven for capital during times of general financial uncertainty.? There are hedging opportunities and ways to manage risk around supply and demand for both industrial and commercial uses.

Ready to get started trading futures?  You'll need to open an account with a broker.  Click Here to View a Broker List

Contract Specifications


Contract Month

F, H, K, N, U, Z (January, March, May, July, September, and December)

Trading Hours

CME Globex: Sun-Fri: 5:00 p.m. to 4:00 p.m. Mon-Fri: Daily trading halt from 3:15 p.m. to 3:30 p.m.

Product

Micro Silver

Contract Size

1,000 troy ounces

Trading Venue

CME offers electronic trading almost 24/14

Minimum Tick

$0.01 per troy ounce

Product Symbol

SIL

Dollar Value of One Tick

$10:00

Exchange Rulebook

COMEX 121

Price Limit or Circuit

Price Limits

Settlement Method

Deliverable

Options Available

No

Termination of Trading

Trading terminates on the third last business day of the contract month

Contract Specifications


Product Name

Options Expirations

Options Symbol

Trading Venue

Trading Hours

CME Globex: Sun-Fri: 5:00 p.m. to 4:00 p.m. Mon-Fri: Daily trading halt from 3:15 p.m. to 3:30 p.m.

Type Of Expiration

Minimum Tick Size

Micro Silver SIL Price

Open
High
Low
Change
% Change
Volume
( )
Last Trade as of CST. 10 Minutes Delayed Quote. Powered by CQG

Futures Calendar

28 OCT
No Event