ICE Mini-Silver

Mini-Silver Future
Mini-Silver Futures 	Mini-Silver Futures 	Mini-Silver Futures 	Mini-Silver Futures
Trading Screen Product Name	1,000 oz Mini Silver Futures 	1,000 oz Mini Silver Futures 	1,000 oz Mini Silver Futures
Trading Screen Hub Name 	ICUS 	ICUS 	ICUS
Contract Size 	1,000 troy ounces 	1,000 troy ounces 	1,000 troy ounces
Contract Series 	Every calendar month in the 3-month period beginning with the first listed futures month. Every January, March, May, and September in the 23-month period beginning with the first listed futures month. Every July and December in the 60-month period beginning with the first listed futures month. Notwithstanding the above, new months will be listed on the second business day following the last trading day of expiring months.	Every calendar month in the 3-month period beginning with the first listed futures month. Every January, March, May, and September in the 23-month period beginning with the first listed futures month. Every July and December in the 60-month period beginning with the first listed futures month. Notwithstanding the above, new months will be listed on the second business day following the last trading day of expiring months.	Every calendar month in the 3-month period beginning with the first listed futures month. Every January, March, May, and September in the 23-month period beginning with the first listed futures month. Every July and December in the 60-month period beginning with the first listed futures month. Notwithstanding the above, new months will be listed on the second business day following the last trading day of expiring months.
Price Quotation 	U.S. dollars and cents per oz. 	U.S. dollars and cents per oz. 	U.S. dollars and cents per oz.
Tick Size 	$0.001 per oz, or $1 per contract 	$0.001 per oz, or $1 per contract 	$0.001 per oz, or $1 per contract
Last Trading Day 	Third to last business day of the contract month at 1:25pm New York time. 	Third to last business day of the contract month at 1:25pm New York time. 	Third to last business day of the contract month at 1:25pm New York time.
Contract Symbol 	YI 	YI 	YI
Final Settlement 	Physical Delivery 	Physical Delivery 	Physical Delivery
Position Limit 	Position Limit and Position Accountability information for all IFUS products can be found here. 	Position Limit and Position Accountability information for all IFUS products can be found here. 	Position Limit and Position Accountability information for all IFUS products can be found here.
Daily Price Limit 	N/A 	N/A 	N/A
Off Exchange Trade Types 	EFP, EFS, Block Trades 	EFP, EFS, Block Trades 	EFP, EFS, Block Trades
Block Trade Minimum 	5 contract block trade minimum quantity. 	5 contract block trade minimum quantity. 	5 contract block trade minimum quantity.
MIC Code 	IFUS 	IFUS 	IFUS
Clearing Venues 	ICUS 	ICUS 	ICUS
Trading Hours 	CITY 	TRADING 	PRE-OPEN
Trading Hours 	NEW YORK 	8:00 PM - 6:00 PM*
20:00 - 18:00 	7:30 PM
19:30
Trading Hours 	LONDON 	1:00 AM - 11:00 PM*
01:00 - 23:00 	12:30 AM
00:30
Trading Hours 	SINGAPORE 	9:00 AM - 7:00 AM*
09:00 - 07:00 	8:30 AM
08:30
Trading Hours 	*Next Day
Market opens at 6:00pm on Sunday, for Monday’s trade date. Pre-open at 5:30pm Sunday, 7:30pm Monday through Thursday 	*Next Day
Market opens at 6:00pm on Sunday, for Monday’s trade date. Pre-open at 5:30pm Sunday, 7:30pm Monday through Thursday 	*Next Day
Market opens at 6:00pm on Sunday, for Monday’s trade date. Pre-open at 5:30pm Sunday, 7:30pm Monday through Thursday
Codes 	Clearing Admin Name 	Mini Silver 	Mini Silver
Codes 	Physical 	YI 	YI
Codes 	Logical 	YI 	YI
Codes 	GMI (FC) 	YI 	YI
Codes 	ION A.C.N. 	None 	None
1000 oz Mini-Silver Options	1000 oz Mini-Silver Options 	1000 oz Mini-Silver Options 	1000 oz Mini-Silver Options
Trading Screen Product Name	1,000 oz Mini Silver Futures 	1,000 oz Mini Silver Futures 	1,000 oz Mini Silver Futures
Trading Screen Hub Name 	ICUS 	ICUS 	ICUS
Contract Size 	1,000 troy ounces 	1,000 troy ounces 	1,000 troy ounces
Contract Series 	Every calendar month in the 3-month period beginning with the first listed options month. Every July and December in the 23-month period beginning with the first listed options month. 	Every calendar month in the 3-month period beginning with the first listed options month. Every July and December in the 23-month period beginning with the first listed options month. 	Every calendar month in the 3-month period beginning with the first listed options month. Every July and December in the 23-month period beginning with the first listed options month.
Price Quotation 	U.S. dollars and cents per oz. 	U.S. dollars and cents per oz. 	U.S. dollars and cents per oz.
Tick Size 	$0.001 per oz, or $1 per contract 	$0.001 per oz, or $1 per contract 	$0.001 per oz, or $1 per contract
Last Trading Day 	The fourth business day prior to the first calendar day of the option month. If the last trading day falls on a Friday or immediately prior to an Exchange holiday, the last trading day will occur on the previous business day. Trading in the expiring option contract ends at 1:25 pm NY time.	The fourth business day prior to the first calendar day of the option month. If the last trading day falls on a Friday or immediately prior to an Exchange holiday, the last trading day will occur on the previous business day. Trading in the expiring option contract ends at 1:25 pm NY time.	The fourth business day prior to the first calendar day of the option month. If the last trading day falls on a Friday or immediately prior to an Exchange holiday, the last trading day will occur on the previous business day. Trading in the expiring option contract ends at 1:25 pm NY time.
Contract Symbol 	YI 	YI 	YI
Option Style 	American style. Options exercise into the underlying futures contract. 	American style. Options exercise into the underlying futures contract. 	American style. Options exercise into the underlying futures contract.
Strike Price Intervals 	Integral multiples of $1.00 and $2.50 per ounce. 	Integral multiples of $1.00 and $2.50 per ounce. 	Integral multiples of $1.00 and $2.50 per ounce.
Exercise 	All option contract months shall expire into the nearest month of the standard five month contract cycle (March, May, July, September, December). For example, a March option contract expires into a March futures contract. An April option contract expires into a May futures contract. Unexercised options expire at 8:00pm New York time on the Last Trading Day.
After the close of trading in the expiring options on expiration day, all in-the-money options shall be automatically exercised, unless notice to cancel automatic exercise is given to ICE Clear US by 7:00pm New York Time, or by such other time designated by the Exchange, on the last day of trading.	All option contract months shall expire into the nearest month of the standard five month contract cycle (March, May, July, September, December). For example, a March option contract expires into a March futures contract. An April option contract expires into a May futures contract. Unexercised options expire at 8:00pm New York time on the Last Trading Day.
After the close of trading in the expiring options on expiration day, all in-the-money options shall be automatically exercised, unless notice to cancel automatic exercise is given to ICE Clear US by 7:00pm New York Time, or by such other time designated by the Exchange, on the last day of trading.	All option contract months shall expire into the nearest month of the standard five month contract cycle (March, May, July, September, December). For example, a March option contract expires into a March futures contract. An April option contract expires into a May futures contract. Unexercised options expire at 8:00pm New York time on the Last Trading Day.
After the close of trading in the expiring options on expiration day, all in-the-money options shall be automatically exercised, unless notice to cancel automatic exercise is given to ICE Clear US by 7:00pm New York Time, or by such other time designated by the Exchange, on the last day of trading.
Position Limit 	See futures contract specifications 	See futures contract specifications 	See futures contract specifications
MIC Code 	IFUS 	IFUS 	IFUS
Clearing Venues 	ICUS 	ICUS 	ICUS
Trading Hours 	CITY 	TRADING 	PRE-OPEN
Trading Hours 	NEW YORK 	8:00 PM - 6:00 PM*
20:00 - 18:00 	7:30 PM
19:30
Trading Hours 	LONDON 	1:00 AM - 11:00 PM*
01:00 - 23:00 	12:30 AM
00:30
Trading Hours 	SINGAPORE 	9:00 AM - 7:00 AM*
09:00 - 07:00 	8:30 AM
08:30
Trading Hours 	*Next Day
Market opens at 6:00pm on Sunday, for Monday’s trade date. Pre-open at 5:30pm Sunday, 7:30pm Monday through Thursday 	*Next Day
Market opens at 6:00pm on Sunday, for Monday’s trade date. Pre-open at 5:30pm Sunday, 7:30pm Monday through Thursday 	*Next Day
Market opens at 6:00pm on Sunday, for Monday’s trade date. Pre-open at 5:30pm Sunday, 7:30pm Monday through Thursday
Codes 	Clearing Admin Name 	Mini Silver 	Mini Silver
Codes 	Physical 	YI 	YI
Codes 	Logical 	YI 	YI
Codes 	GMI (FC) 	YI 	YI
Codes 	ION A.C.N. 	None 	None
== Notes ==
==References==
==Resources==
ICE Mini-Silver Product Spec
ICE Options on 1000 oz Mini-Silver Product Spec
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Category:Reserved Pages - ICE
Category:Precious Metals Futures Contracts
Category:Futures Contracts Traded on ICE
Category:Metals Futures Contracts
Category:Futures Data in Template