CME COMEX: SIL Micro Silver Futures prices chart

Micro Silver Futures (CME COMEX: SIL) Contract Specifications

Product Code: CME Globex: SIL, CME ClearPort: SIL, Clearing: SIL

Contract Unit: 1,000 troy ounces
Price Quotation: U.S. dollars and cents per troy ounce
Minimum Price Fluctuation: Outright:
(1) 0.005 per troy ounce = $5.00
(2) Settlement: 0.001 per troy ounce = $1.00

Settlement Method: Deliverable

Listed Contracts: Monthly contracts listed for 3 consecutive months and any Jan, Mar, May, July, Sep and Dec within the nearest 12 months.

Delivery Period: Delivery may take place on any business day beginning on the first business day of the delivery month or any subsequent business day of the delivery month, but not later than the last business day of the current delivery month.

Termination of Trading: Trading terminates on the third last business day of the contract month.

Trading Hours:
Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT