The 100-Ounce Silver futures contract is our smallest Silver futures offering. It is cash-settled to the 5,000 troy ounce Silver futures contract.

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The contract is listed on COMEX and can be traded on Globex or submitted for clearing via ClearPort.

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The Globex and ClearPort code is SIC.

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Monthly contracts are listed for any March, May, July, September and December within a 24-month period.

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A new contract month is listed for trading on the last business day of the month following an expiry.

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The 100-Ounce Silver futures contract is priced in dollars and cents per troy ounce.

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The minimum trading price fluctuation is $0.01 per troy ounce.

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The minimum settlement price fluctuation is $0.01 per troy ounce.

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The last trading day for the 100-Ounce Silver futures contract is the third-to-last business day of the month before the contract month.

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View the settlement procedures.

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Yes, the minimum block threshold is 25 contracts subject to a 15-minute reporting window.

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The matching algorithm is FIFO 100%.

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Real-time market data for the 100-Ounce Silver futures contract is available on MDP Channel 360, and the Silver futures contracts’ historical data is available through DataMine.

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Since the 100-Ounce Silver futures contract terminates before the spot month position limit effective period for Silver futures, these limits do not apply to this contract.

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You can find the fees on our fee schedule.

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Exchange margin requirements may be found on cmegroup.com. Please note that clearing firms may require a margin level beyond CME Clearing’s minimum requirement.

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If you have an existing relationship with a futures broker but do not see 100-Ounce Silver futures tickers on your trading platform, reach out to your broker to enable trading.

If you do not have a futures brokerage account, refer to the following question for next steps.

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To trade 1–Ounce Silver futures, you need an account with a licensed futures broker (FCM or IB). Use Find a Broker to find a firm offering access to Silver futures products. Once your account is set up for 100-Ounce Silver futures and funded, you are ready to trade.

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Delayed quotes are available on our website and through major quote vendors.

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You must have a relationship with a CME Clearing member firm to access Globex.

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Yes, the 100-Ounce Silver futures contract is an associated product of Silver futures and is therefore subject to circuit breakers. View the complete special price fluctuation limits table.

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