A Micro Silver futures contract (Ticker: SIL) is a CME‑traded commodity futures agreement that represents 1,000 troy ounces of silver, offering a smaller, more accessible way to participate in the silver market. Designed to require a lower capital commitment than standard silver futures, SIL contracts provide highly liquid exposure to price movements with granular risk control via smaller tick values and scaled margin requirements. These features make Micro Silver futures suitable for both disciplined short‑term trading and strategic longer‑term positioning as part of broader metals or hedging strategies.
Micro Silver
SIL
CME
1,000 troy ounces
Sunday–Friday: 5:00 PM – 4:00 PM CT (Daily break: 4:00 PM – 5:00 PM CT)
0.005 per troy ounce = $5.00
Monthly contracts listed for 26 consecutive months and any Jul and Dec in the nearest 60 months.
Deliverable
Day Trading Margins
Overnight Margins
Explore complete intraday margin schedules across all precious and industrial metals on our futures margins page, review transparent broker commissions, or compare specifications across sister contracts including COMEX Gold (GC), 100-Ounce Silver (SIC), Copper (HG), Platinum (PL), and Palladium (PA). Ready to trade? Open an account with Lincoln Park Financial today.
Official Exchange Source: CME Group Micro Silver Contract Specifications
The above information is derived from sources believed to be accurate. It is provided without guarantees and is subject to change without notice.
Speak with our experienced futures brokers at 312-500-4730 to discuss how we can service your futures trading needs.
