Commodity futures trading charts : TOCOM Silver Futures, JPY(¥) per gram [TREND]
Silver Futures : TOCOM = Tokyo Commodity Exchange (Japan Exchange Group : JPX). As silver has strong infrared reflectivity and can be alloyed with different kinds of metals, the highest demand for silver comes from the electronics industry, such as production of electric contacts, plating, expansile materials, followed by photographic film, silverware and jewelry.
Type of Trade: Physically Delivered Futures Transaction.
Standard: Silver of minimum 99.99% fineness.
Opening Date: January 26, 1984. (transferred from TOCOM on July 27, 2020).
Trading Hours (Tokoy): 8:45-15:15, 16:30-5:30. An order acceptance period ("pre-closing") is established for 5 minutes before the Itayose on close.
Contract Months: Nearest 6 contract months (February, April, June, August, October and December).
Last Trading Day: Day session on the third business day preceding the Delivery Day.
Contract Unit: 10kg/ contract (approximately 321.51 troy ounces).
Price Increment: ¥0.1 per gram (¥1,000 per Contract Unit).
Delivery Unit: 30kg (Delivery unit = 3 contract units).
Price Limits: Normal ¥10, 1st Expansion ¥20, 2nd Expansion: ¥30.
Circuit Breaker Rule (SCB): Price Limits/ Circuit Breaker Rule.
Customer Position Limits: Current contract month 1,500 Contracts, All contract months combined 6,000 contracts.
Settlement: Resale or repurchase, and Final settlement (physical delivery).