Sliver Futures (SI) | Contract Overview

What is a Sliver Futures Contract?

Silver futures (Ticker: SI) are standardized contracts traded on the CME that give traders direct exposure to the silver market. Each SI contract represents 5,000 troy ounces of silver, with a minimum tick of $0.005 per ounce ($25 per tick). These highly liquid contracts are suitable for both intraday trading and longer-term strategies, allowing leveraged participation in silver price movements without physically holding the metal, while requiring adherence to margin requirements.

Sliver Futures Contract Specifications

Product:

Sliver

Futures Contract Symbol:

SI

Exchange:

CME

Contract Size:

5,000 troy ounces

Trading Hours:

Sunday–Friday: 5:00 PM – 4:00 PM CT (Daily break: 4:00 PM – 5:00 PM CT)

Minimum Price Fluctuation:

0.005 per troy ounce = $25.00

Contract Months:

Monthly contracts listed for 26 consecutive months and any Jul and Dec in the nearest 60 months.

Settlement Method:

Deliverable

Exchange Fees:

Margin Requirements for Sliver Futures

Holding Period:

Day Trading Margins

Overnight Margins

Margins:
$2,000
$35,750

Other contracts can be found on our margins page.

Source: CME

The above information is derived from sources believed to be accurate. It is provided without guarantees and is subject change without notice.

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