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Silver Contract Specifications
Updated on:08-07-2013
Product | Silver |
Contract Size | 15 kilograms /lot |
Price Quotation | (RMB) Yuan/kilogram |
Minimum Price Fluctuation | 1Yuan/kilogram |
Daily Price Limit | Within 3% up or down of the settlement price of the previous trading day |
Contract Series | Monthly Contract of the recent 12 months |
Trading hours | 9:00am to 11:30am, 1:30pm to 3:00pm (the Beijing Time) and other trading hours as prescribed by SHFE |
Last Trading Day | The 15th day of the delivery month (If it is a public holiday, the Last Trading Day shall be the 1st business day after the holiday.) |
Delivery Period | 5 consecutive business days after the last trading day |
Grade and Quality Specifications | Standard Product: Prescribed in the National Standard of GB/T 4135-2002 IC-Ag99.99, no less than 99.99% fineness. |
Delivery Venue | Certified Delivery Warehouse of the SHFE |
Minimum Trade Margin | 4% of contract value |
Settlement Type | Physical Delivery |
Minimum Warranted Delivery Size | 30 kilograms. |
Contract Symbol | AG |
Exchange | SHFE |
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