Silver Online Futures
A futures contract based on the global price of silver, traded on the TFEX market. This contract offers investors a direct way to speculate on or hedge against the volatility of silver prices and has characteristics similar to Gold Online Futures.
Start Trading with a Small Investment.
Trade Gold with a Small Initial Margin.
Prices That Mirror the World Market.
Trade Silver with Prices That Mirror the World Market (USD/Oz).
Contract Specification
| Heading |
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| Underlying Asset | Silver with purity of 99.9% | |||||||||
| Ticker Symbol | SVF | |||||||||
| Contract Size | 1 contract = 3,000 multiplier of the reference price per troy ounce | |||||||||
| Contract Months | 2 nearest quarterly month (March, June, September, December) | |||||||||
| Price Quotation | USD per troy ounces | |||||||||
| Minimum Price Fluctuations | USD 0.01 per contract unit | |||||||||
| Price Limit | Initial price limit is +10% from the latest settlement price. Should traded price reach the limit, trading will be halted for a certain period announced by TFEX. After trading resumes, the price limit will be expanded to +20% of the latest settlement price. | |||||||||
| Trading Hours |
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| Position Limit | Exchange may announce the position limit as it deems appropriate. | |||||||||
| Last Trading Day | The business day immediately preceding the last business day of the contract month. Time at which trading ceases on Last Trading Day is 16:55 hrs. In case the last trading day falls on a LBMA's holiday, TFEX will annouce the new last trading day accordingly | |||||||||
| Settlement Method | Cash Settlement | |||||||||
| Final Settlement Price | The LBMA Silver Fixing price on the last trading day as published by ICE Benchmark Adminstration (IBA). There will be no foreign exchange rate adjustment. | |||||||||
| Exchange Fee | Maximum of THB 4 per contract per side | |||||||||
| Data Licensing Fee | THB 0.5 per contract per side | |||||||||
| Brokerage Commission | Freely negotiable | |||||||||
| Remark | The above is a summary of the contract specification. Please refer to the Regulations and Procedures Chapter 600: Listing of Derivatives Contracts for the official contract specifications. |
