Margin for silver contract
WebJan 11, 2024 · If the market is trading at $600 per ounce, the value of the contract is $60,000 ($600 x 100 ounces). Based on exchange margin rules, the margin required to control one … WebThe margin requirement for a speculative trader to open a position on a 100-ounce gold contract is $11,475. At today’s price of around $1,648/ounce, that’s just 7% of the value of the contract.
Margin for silver contract
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WebAdditional Notes for Clients Using the Reduced Intraday Margin Rate. The day trade rate is valid from 9:00 a.m. until 4 p.m. ET Monday through Friday, for U.S. Equity Index Futures, as well as select Currency, Energy, Metals, and Interest Rate contracts. A valid stop order* is required at all times when utilizing the day trade rate. WebContract Specifications:SI,COMEX: Trading Unit: 5,000 troy ounces: Tick Size: $.005/oz. = $25.00: Quoted Units: US $ per troy ounce: Initial Margin: $21,600 Maint Margin: $16,000: …
WebOct 19, 2016 · The margins on Silver is roughly 5%, in fact here is the snapshot of the margin required to trade these contracts – This works out to – = 68619/1267980 = 5.41% The …
WebDepending on the market condition, the initial margin can range from 5% to 20 % of the total worth of the contract. As the trade is making profits or losses each day, there’s a … WebMar 6, 2024 · For example, say you hold five futures contracts that have an initial margin of $10,000 and a maintenance margin of $7,000. When the value of your account falls to …
WebSilver is traded in dollar amounts per ounce and silver futures trade in two contract sizes, 1K and 5K ounces. Advantages of Silver Futures There are a number of reasons that an …
WebPosted 16 Dec 2009. The COMEX has raised the margin requirements for gold and silver futures contracts. Additionally, gold is trading in minor backwardation but this is probably not serious. The margin requirement rise validates the strength of the bull market. There will likely be additional margin requirement increases during this upleg. nyanchwa adventist mission hospitalWebA trader bought to open one silver contract on 5,000 troy ounces at $17.28 an ounce. The initial margin on the contract is $5,900 and the maintenance margin is $5,500. If silver rises to $17.34 the next day and the trader sells to close out his contract, what is his rate of return on the money deposited for this contract (return on margin)? 5.08 nyan cat wallpaper pcWebDec 15, 2024 · A silver contract is a legally binding agreement that covers the delivery of Silver at an agreed-upon price in the future. This contract is standardized by a futures exchange as to the time, quality, quantity, and place … nyan cat waffle catWebMicro Silver. Symbol /SIL. Tradeable Options. No. Multiplier. $1,000. Minimum Tick Size. 0.005 = $5.00. Settlement. physical. ... At just 1/10 the size of the E-mini contract, micro E … ny anchorage\u0027sWeb1 day ago · From the moment Jarred Vanderbilt stepped on the floor for the Lakers after the trade deadline, the team keeping his cheap, $4.7 million contract for next season seemed like a near certainty. A 24 ... nyanchwa adventist collegeWebAlthough the size of the Micro E-mini contracts are 1/10th the size of their classic E-mini counterparts, pricing may not exactly track the pricing of the E-mini futures. ... Trading on margin is only for experienced investors with high risk tolerance. You may lose more than your initial investment. For additional information about rates on ... nyan cat worthWebOct 19, 2016 · The margins on Silver is roughly 5%, in fact here is the snapshot of the margin required to trade these contracts – This works out to – = 68619/1267980 = 5.41% The P&L per tick can be calculated using the following formula – P&L per tick = (Lot Size / Quotation) * Tick Size = (30 kgs /1 kg) * Rs.1/- = Rs. 30/- nyanda slippery when wet