E-mini Silver Futures Contract Specs

Futures

Contract Unit	2,500 troy ounces
Price Quotation	U.S. cents per troy ounce
Trading Hours	Sunday – Friday 6:00 p.m. – 5:00 p.m. (5:00 p.m. – 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Minimum Price Fluctuation	0.0125 per troy ounce = $31.25
Product Code	CME Globex: QI CME ClearPort: QI Clearing: QI
Listed Contracts	Monthly contracts listed for Jan, Mar, May, Jul, Sep and Dec over a 24-month period
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 prior to the contract month.
Settlement Procedures	miNY Silver Settlement Procedures
Position Limits	COMEX Position Limits
Exchange Rulebook	COMEX 912
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing

Quick Links

Contract Related

Product Related

Delivery Notices

Resources

CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs).
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

Markets Home

Market Data Home

Clearing Home

Technology Home

Education Home