Micro E-mini futures
- Micro E-mini Equity Index futures products overview
- Hedging with Micro E-mini futures
- Managing Micro E-mini futures expiration
Micro E-mini options
- Get to know options on Micro E-mini futures
- Understanding listings and expirations
- Micro E-mini options strategies
Micro Cryptocurrency futures
- Micro Bitcoin futures product overview
- Managing Micro Bitcoin futures expiration
- Micro Ether futures product overview
Micro Gold and Silver futures
Micro WTI Crude futures
- Micro WTI Crude Oil futures overview
- Option Hedging with Micro WTI Crude Oil futures
- Managing expiration of the Micro WTI Crude Oil futures contract
Micro Treasury Yield futures
Micro FX futures
Are you looking for the opportunity to trade Gold or Silver futures? Would smaller size contracts suit your trading strategies or upfront capital availability better?
Micro Gold and Micro Silver futures contracts may be the alternative for you.
Conveniently sized and tailored to the individual investor, these contracts offer less capital commitment, lower margin, and smaller exchange fees than the larger-sized Gold and Silver futures contracts - but with the same flexibility, safety, and security.
Contract Specifications
The Micro gold futures are 1/10 the size of the 100-ounce Gold futures contract. So, the contract unit of the Micro Gold futures contract is 10 troy ounces. Like the 100-ounce Gold futures contract, Micro Gold futures are quoted in 10-cent increments, making a one-tick move in the Micro Gold futures equal to $1.
Micro Silver futures are 1/5 the size of the 5000-ounce silver futures. The contract unit is 1,000 troy ounces. The Micro Silver futures are quoted in 1/10 of one cent– making a one-tick move equivalent to $1.
Both the Micro Gold and Micro Silver futures contracts are part of CME Group’s micro suite of products, facilitating cross margining opportunities.
Micro Gold futures offers a 10:1 offset with the larger 100-oz. Gold futures contract and the Micro Silver futures offers a 5:1 offset with the 5,000-oz. Silver futures contract.
The daily settlement prices for the futures contracts will be identical to that of the larger Gold and Silver futures contract. Trading of the Micro Gold futures and Micro Silver futures can be conducted through your broker or through CME Globex Sunday through Friday, almost 24 hours per day.
Conclusion
Whether you are looking to fine tune your gold and silver exposure, or you want to get started trading these markets with smaller capital exposure, CME Group has a variety of Gold and Silver contracts to fit your needs.
© 2022 CME Group Inc. All rights reserved.