News, analysis and personal reflections on the markets & the financial sector

Tuesday, June 23, 2009

E-mini Gold and Silver Futures - Now Trading on CME Globex

Smaller Gold and Silver Futures, More Possibilities for Your Portfolio

E-mini Gold and E-mini Silver futures are now available on CME Globex. The contracts are roughly 1/3 and 1/5 of the standard contracts, which serve as the global benchmarks for gold and silver pricing. At 33 troy oz. (approximately 1 kilo) for Gold and 1,000 troy oz. for Silver, these E-mini futures offer customers several important benefits, including:

  • Direct exposure to the price of gold/silver with smaller contracts and lower risks to diversify
    your portfolio
  • Cash-settlement
  • Access to the most liquid metals futures market in the world
  • Availability around the clock, around the world on the CME Globex electronic trading platform
  • Security through centralized clearing, guaranteed counterparty credit and segregation of customer funds
  • Price transparency, giving all market participants equal access while maintaining anonymity in all bids and offers

Note: The first listed month will be June 2009.

For a complete list of contract specifications, please click here.

No comments: