Contract Specifications:PA,NYMEX | Trading Unit: | 100 troy ounces | | Tick Size: | $0.05 (5 cents) per troy ounce ($5 per contract) | | Quoted Units: | US $ per troy ounce | | Initial Margin: | $3,713 Maint Margin: $2,750 | | Contract Months: | Trading is conducted over 15 months beginning with the current month and the next two consecutive months before moving into the quarterly cycle of March, June, September, and December. | | First Notice Day: | First business day of contract month. | | Last Trading Day: | Close of business on the fourth business day prior to the end of the delivery month. | | Trading Hours: | 8:30 A.M. until 1:00 P.M.
Electronic: 3:15 P.M. on Mondays through Thursdays and concluding at 8:00 A.M. the following day. On Sundays, the session begins at 7:00 P.M
| | Daily Limit: | none | |