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Silver is unique amongst metals due to the fact that it can be classified as both a precious metal and an industrial metal. Today, silver is sought as a valuable and practical industrial commodity and as an investment. Silver Futures is a futures contract with Silver Bullion (0.999 purity) as an underlying asset. Silver is an effective portfolio diversifier. Silver was launched on June 20th, 2011.
Summary of Silver Futures Contract Specification
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Heading |
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Contract specification |
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Underlying Asset |
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Silver Bullion with a purity of .999
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Ticker Symbol |
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SV |
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Contract Size |
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100 troy ounces |
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Contract Months |
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3 nearest even months : February, April, June, August, October and December |
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Price Quotation |
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Baht per 1 troy ounce of silver |
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Minimum Price Fluctuations |
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THB1 (THB100 per contract ) |
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Price Limit |
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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. |
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Trading Hours |
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| Pre-open: |
09:15 - 09:45 hrs. |
| Morning session: |
09:45 - 12:30 hrs. |
| Pre-open: |
14:00 - 14:30 hrs. |
| Afternoon session: |
14:30 - 16:55 hrs |
| Pre-open: |
19:15 - 19:30 hrs. |
| Night session: |
19:30 - 22:30 hrs. |
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Speculative Position Limit |
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Exchange may announce the position limit as it deems appropriate. |
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Last Trading Day |
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The business day immediately preceding the last business day of the contract month. The trading of expiring contract will be ceased at 16:55 hrs. on Last Trading Day. |
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Final Settlement Price |
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The Final Settlement Price shall be calculated on the basis of the London Silver Fixing price announced by London Silver Market Fixing Limited and the foreign exchange rate for Baht to US dollar announced by TFEX. The formula for its calculation is:
= London Silver Fixing x (THB/USD) |
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Settlement Method
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Cash Settlement |
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Exchange Fee
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THB 5 per contract
per side
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Brokerage Commission |
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Freely negotiable |
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Remark :
The above description is a summary of the contract
specification. Please refer to
the procedures of listing of Derivatives Contracts
for the official contract specification. |
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Quote Vendor Codes |
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Silver Futures Price
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 Bloomberg |
Thomson
Reuters |
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| SSEA
<comdty> |
SVFmy
0#SVF
.SVFTVO.FX |
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| Thai Baht PM Fixing |
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Thomson Reuters <THBFIXP=> |
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