Micro Silver!
Coming to a trading platform near you February 9th!
With the extreme volatility in the precious metals market in the recent past, we have seen daily swings of $35000.00 or more from daily highs to low in a number of contracts, Gold and Silver have been the biggest offenders. Today alone the March 2026 silver contract had a $26400.00 range from high to lo, if you take yesterdays activity into account, the total dollar swing from Monday’s lo to today’s hi is $46,050.00.
As a result of this high market volatility, the overnight and day trading margins are playing catch up with the volatility, the current Overnight Margin requirement in the 5000 oz. Silver contract is $43605.00 , so expensive in fact, the Volume for the 5000 oz contract is less than half of the Micro silver contract 1000oz, Vol. The March Silver volume is 157,460 contracts while the SIL (micro silver) 1000 oz contract had a Vol of 402,258 as of this writing. With Margin is as a byproduct of volatility and the highest margined Micro futures contract now on the CME at $8822.00, even that may be getting too expensive for the retail trader.
Have no fear, a brand spanking new 100 oz silver contract from the CME will be debuting on February 9th.
This contract will be financially settled, (cash settlement), the minimum fluctuation will be a dollar a penny $1.00 per 00.01 tick. The symbol will be SIC. The margin has yet to be determined, my best guess. $500 or lower. (There is a mini silver that is a 2500 oz contract) but has very little volume therefore, lacking liquidity. Feel free to contact your Broker for more info about this opportunity & risk.
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