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	NYMEX Position Limits
Exchange Rulebook	COMEX 912
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing

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