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| This article describes a futures contract with a discrete termination or delivery date. View articles referencing this futures contract. |
COMEX Silver futures are traded on the COMEX division of the NYMEX under ticker symbol SI in U.S. cents per troy ounce.[1]
The chart at left displays the front-month COMEX Silver prices on the COMEX division of the NYMEX Exchange in U.S. cents per troy ounce.
Delivery DatesCOMEX Silver futures are delivered every year in January, February, March, April, May, June, July, August, September, October, November, and December (all months).[1]
The following is a table with COMEX Silver futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.
| Delivery Month | Full Ticker Symbol | Thomson-Reuters Symbol |
| January, 2009 | SIF9 | SI/F9-NC |
| February, 2009 | SIG9 | SI/G9-NC |
| March, 2009 | SIH9 | SI/H9-NC |
| April, 2009 | SIJ9 | SI/J9-NC |
| May, 2009 | SIK9 | SI/K9-NC |
| June, 2009 | SIM9 | SI/M9-NC |
| July, 2009 | SIN9 | SI/N9-NC |
| August, 2009 | SIQ9 | SI/Q9-NC |
| September, 2009 | SIU9 | SI/U9-NC |
| October, 2009 | SIV9 | SI/V9-NC |
| November, 2009 | SIX9 | SI/X9-NC |
| December, 2009 | SIZ9 | SI/Z9-NC |
Contract Specifications
Contract SizeOne COMEX Silver futures contract on the COMEX division of the NYMEX is 5,000 troy ounces.[1]
Tick ValuePrice 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.[1]
Daily Price LimitNone.[1]
Trading Hours
Last Trading DayTrading terminates at the close of business on the third to last business day of the maturing delivery month.[1]
Deliverable GradesIn fulfillment of each contract, the seller must deliver 5,000 troy ounces (±6%) of refined silver, assaying not less than .999 fineness, in cast bars weighing 1,000 or 1,100 troy ounces each and bearing a serial number and identifying stamp of a refiner approved and listed by the Exchange. A list of approved refiners and assayers is available from the Exchange upon request.[1]
References


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