TOCOM Changes Contract Unit for Silver Contract

11.11.2009

TOCOM Changes Contract Unit for Silver Contract

TOCOM will change the contract unit and tick size of silver, in the precious metals market, effective on December 24th, 2009 (applicable from the December 2010 contract).

Contract Specifications (Silver)

From December 2010 Contract

Until October 2010 Contract

Contract Unit

10 kg (per contract)

30 kg (per contract)

Minimum Price Fluctuation (Tick Size)

0.1 yen per 1 gram

0.1 yen per 10 gram

Delivery Unit (no changes)

30 kg

30 kg

 

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