Contract Name
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1,000 oz.-Silver Futures
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Commodity Code
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SIL
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Rulebook Chapter
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121
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Contract Size
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1,000 troy ounces
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Listing Schedule
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current calendar month; the next two calendar months and any January, March, May, July, September, and December falling within a 12-month period beginning with the current month
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Termination of Trading
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Third last business day of the contract month
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Minimum Price Fluctuation
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Outright $0.01
Spread $0.005
Settlement $0.001
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First Listed Month
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September 2013
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Block Trade Minimum Threshold
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125 contracts
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Exchange Fees
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Member Day
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Member
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Cross Division
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Non-Member
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Pit
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$0.20
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$0.40
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$0.60
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$0.80
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Globex
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$0.20
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$0.40
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$0.60
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$0.80
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ClearPort
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$0.40
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$0.80
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Processing Fees
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Member
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Non-Member
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Cash Settlement
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NA
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NA
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Futures from E/A
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$0.40
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$0.80
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*applies to futures contracts
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House Acct
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Cust Acct
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Options E/A Notice
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NA
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NA
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Delivery Notice
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$0.50
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$0.50
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*applies to physical futures
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Additional Fees and Surcharges
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EFS Surcharge
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$2.50
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*$2.50 fee typically only charged on our core physical contracts
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Block Surcharge
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$0.10
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*$0.10 fee charged on block trades
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Facilitation Desk Fee
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$0.20
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*fee applies to CPC trades entered by ClearPort Market Ops
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