| Underlying Asset |
Silver with purity of 99.9% |
| Ticker Symbol |
SVF |
| Contract Size |
1 contract = 3,000 multiplier of the reference price per troy ounce |
| Contract Months |
1 nearest quarterly month (March, June, September, December) |
| Price Quotation |
USD per troy ounces |
| Minimum Price Fluctuations |
USD 0.01 per contract unit |
| Price Limit |
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. |
| Trading Hours |
| Pre-open: |
09:15 - 09:45 hrs. |
| Morning Session: |
09:45 - 12:30 hrs. |
| Pre-open: |
13:45 - 14:15 hrs. |
| Afternoon Session: |
14:15 - 16:55 hrs. |
| Pre-open: |
18:45 - 18:50 hrs. |
| Night Session: |
18:50 - 03:00 hrs. (the following day) |
|
| Position Limit |
Exchange may announce the position limit as it deems appropriate. |
| Last Trading Day |
The business day immediately preceding the last business day of the contract month. Time at which trading ceases on Last Trading Day is 16:55 hrs. In case the last trading day falls on a LBMA's holiday, TFEX will annouce the new last trading day accordingly |
| Settlement Type |
Cash Settlement in THB |
| Final Settlement Price |
The LBMA Silver Fixing price on the last trading day as published by ICE Benchmark Adminstration (IBA). There will be no foreign exchange rate adjustment. |
