1000oz Silver

Posted By Steve On Sunday, July 24th, 2011 With 0 Comments
Exchange Hong Kong Mercantile Exchange (HKMEx)
Type Metal
Underlying Silver
Currency USD
Contract Size 1000 Troy Ounces
Tick Size US$0.01
Tick Value US$10
Pre-Open 1 07:30 – 08:00
Trading Session 1 08:00 – 2300
Pre-Open 2
Trading Session 2 None
Pre-Open T+1 No T+1 Session
Trading Session T+1 No T+1 Session
Last Trading Day The third Monday of the contract month.
Last Delivery Day Fourth business day after last trading day
Final Settlement Price
Settlement Type Physical
Deliverable Grade Gold with fineness not less than 99.95% or Gold that is regarded by LBMA as good delivery
Delivery Location The Warehouses Appointed by the Hong Kong Mercantile Exchange
Contract Months Current calendar month; the next two consecutive calendar months; and any January, March, May, July, September, and December falling within a 12-month period beginning with the current month.
First Trading Day  
Position Limit 3,000 contracts (gross long or short);
Initial Margin (outright)
Maintenance Margin (outright)
Clearinghouse Margin (outright)  
Listed Spread No
Initial Margin (spread)  
Maintenance Margin (spread)  
Clearinghouse Margin (spread)  
Daily Price Limit None
Options No
Exchange Symbol HKS
Reuters Symbol  
Bloomberg Symbol  
ISIN Symbol  
SEDOL  
Notes  

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