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E-mini Silver Futures Contract Specs

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