Micro Sliver Futures (SIL) | Contract Overview

What is a Micro Sliver Futures Contract?

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 Sliver Futures Contract Specifications

Product:

Micro Sliver

Futures Contract Symbol:

SIL

Exchange:

CME

Contract Size:

1,000 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 = $5.00

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 Micro Sliver Futures

Holding Period:

Day Trading Margins

Overnight Margins

Margins:
$400
$7,150

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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