Silver (SI) Futures Contract Specifications

What Are Silver (SI) Futures?

Silver Futures (SI) provide traders with exposure to silver prices without the need to hold physical silver. These contracts are widely used for speculation on silver price movements, hedging against inflation, or diversifying investment portfolios as a precious metal.

Contract Size

Contract Size: 5,000 troy ounces

Example: This contract size allows traders to gain exposure to metals with controlled leverage and risk.

Tick Value and Increment

  • Tick Size: 0.005 USD per troy ounce
  • Tick Value: $25.00 per tick
  • Point Value: $50.00 per 0.01

These specifications make Silver (SI) Futures suitable for traders seeking exposure to metals markets.

Trading Hours

Silver (SI) Futures trade with extended hours, providing flexibility for traders in different time zones.

  • Trading Hours: Sunday to Friday, nearly 24 hours a day with a short break
  • Time Zone: Central Time (CT)

Trading Symbol

Platform Symbol: SI

Margins

To trade Silver (SI) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.

Why Trade Silver (SI) Futures?

  • Exposure to silver without the storage and security concerns of physical silver
  • High liquidity in the world's most traded silver contract
  • Effective hedging tool against inflation and currency devaluation
  • Industrial demand exposure alongside precious metal investment properties
  • Standardized contract specifications and regulated exchange

Position Sizing for Silver (SI) Futures

Proper position sizing is crucial when trading Silver (SI) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.

Position Size Calculator Example

For Silver (SI) Futures (SI):

  • Tick Size: 0.005 USD per troy ounce
  • Tick Value: $25.00 per tick
  • Point Value: $50.00 per 0.01

If you want to risk $500 with a 10-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 10 × 50.00 per 0.01 = $500

Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $500 = 1 contract