Ironbeam Now Offering 100-Ounce Silver Futures (SIC)

Ironbeam is excited to share that we now are offering the brand-new 100-Ounce Silver futures contract (SIC), launched by CME Group this week. This addition expands traders’ ability to trade silver in a more capital-efficient way and meets growing demand from active and retail traders alike.

About the Contract (SIC)

The 100-Ounce Silver futures contract is a new, smaller-sized silver futures product listed on COMEX and designed specifically to provide broader access to the silver market. Unlike the original 5,000-ounce silver contract, this smaller contract allows traders to participate with significantly less capital while still accessing the liquidity and risk-management benefits of CME’s futures markets.

CME Group developed this contract in response to record retail participation and demand in metals markets, backed by strong volume growth in products like Micro Silver and other precious metals futures last year.

100-Ounce Silver Futures (SIC) Contract Specs

Symbol: SIC

Description: 100-Ounce Silver Futures

Trading Hours: Sunday-Friday, 5:00 p.m – 4:00 p.m. CT (Globex)

Tick Size: 0.01 per ounce

Tick Value: $1.00

Host Exchange: CME – COMEX

Settlement Type: Cash Settled USD

Benefits to Traders

Lower Barriers to Entry: The 100-ounce size makes silver futures more accessible to a wider range of traders — from individuals managing risk to speculators looking for exposure to precious metals without the complexity or capital requirement of larger contracts.

Market Participation & Flexibility: With strong retail interest in metals, especially in times of geopolitical uncertainty and evolving investment trends, this contract gives traders more ways to express views on silver prices and manage portfolios with precision.

Seamless Financial Settlement: This contract settles based on the daily settlement price of the global benchmark silver futures contract, making it straightforward to trade and integrate into your futures strategies.

Ironbeam is Offering it Now

Ironbeam has already made the 100-Ounce Silver futures available on our platform for traders who want to take advantage of this new contract. Whether you’re hedging existing metal exposure, speculating on silver price moves, or diversifying your portfolio, this product expands your horizon with a highly tradable, efficient futures instrument.

If you have any additional questions regarding the 100-Ounce Silver futures contract (SIC), feel free to email [email protected] or by calling 1-312-765-7200.