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: QICME ClearPort: QIClearing: 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 |