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Trade Silver Futures
Silver Futures Market & Contract
Specs
To trade Silver futures,
open a futures
trading account.
| Silver Futures Info: |
Silver
Futures Charts, Quotes, Options |
| Trading Unit |
5,000 troy ounces. |
| Trading Hours: |
Open outcry trading is conducted
from 8:25 AM until 1:25 PM. |
| Price Quotation |
U.S. cents per troy ounce. |
| Trading Months: |
Jan, March, May, July, Sept, Dec |
| Ticker Symbol: |
SI |
| Minimum Fluctuation: |
Price changes for outright
transactions, including EFPs, are in multiples of
one-half cent (0.5¢ or $0.005) per troy ounce,
equivalent to $25.00 per contract. For straddle or
spread transactions, as well as the determination of
settlement prices, the price changes are registered
in multiples of one-tenth of a cent (0.10¢ or
$0.001) per troy ounce, equivalent to $5.00 per
contract. A fluctuation of one cent (1¢ or $0.01) is
equivalent to $50.00 per contract. |
| Last Trading Day: |
Trading terminates at the close of
business on the third to last business day of the
maturing delivery month. |
| Daily Limit on Price Movement: |
Initial price limit, based upon the
preceding day's settlement price, is $1.50. Two
minutes after either of the two most active months
trades at the limit, trades in all months of futures
and options will cease for a 15-minute period.
Trading will also cease if either of the two active
months is bid at the upper limit or offered at the
lower limit for two minutes without trading. Trading
will not cease if the limit is reached during the
final 20 minutes of a day's trading. If the limit is
reached during the final half hour of trading,
trading will resume no later than 10 minutes before
the normal closing time. When trading resumes after
a cessation of trading, the price limits will be
expanded by increments of 100%. |
| Position Limits: |
$1.50/oz = $7,500 |
These contract specifications are subject to change.
For more info see NYMEX.com
Other Futures Contract Specs
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