>   Silver
Silver

Contract Specifications of Silver 30 Kg
Description SILVER T+0
Trading Period Exchange Business Days
Trading Session 9.00 AM to 3.30 PM / 4.30 PM (depending on day light savings) India time
Trading Unit 30 kg (964.500 troy ounce)
Price Quote U.S. dollars and cents per troy ounce
Maximum Order Size 600 kg
Tick Size (Minimum Price Movement) US$ 0.001
Margin 100%
Delivery
Settlement Basis Compulsory in BDR
Delivery Unit 30 kg
Settlemen T+0
Settlement Timing 6.00 PM to 9.00 PM (IST) same day
Quality Specifications

Grade: 999 and Fineness: 999 (as per IS 2112: 1981)

  • No negative tolerance on the minimum fineness shall be permitted
  • If it is below 999 purity it is rejected.
It should be serially numbered silver bars supplied by LBMA approved suppliers or other suppliers as may be approved by IIBX.
Quantity Specifications Weight of the bar shall be within 900 troy ounces (approx. 28 Kilos) to 1050 troy ounces (approx. 33 kilos)
Delivery Logic Compulsory in BDR


Contract Specifications of Silver 30 Kg
Description SILVER T+2
Trading Period Exchange Business Days
Trading Session 4.30 AM to 2.30 AM (Day 2) India time
Trading Unit 30 kg (964.500 troy ounces)
Price Quote US Dollars and cents per Troy Ounce
Maximum Order Size 600 kg
Tick Size (Minimum Price Movement) US$ 0.001
Margin Volatility Based Margin
Extreme Loss Margin
Mark To Market Margin
Delivery
Settlement Basis Compulsory in BDR
Delivery Unit 30 kg
Settlemen T+2
Settlement Timing 10.00 AM to 01.00 PM (IST)
Quality Specifications Grade: 999 and Fineness: 999 (as per IS 2112: 1981)
  • No negative tolerance on the minimum fineness shall be permitted.
  • If it is below 999 purity it is rejected.
    It should be serially numbered silver bars supplied by LBMA approved suppliers or other suppliers as may be approved by IIBX.
Quantity Specifications Weight of the bar shall be within 900 troy ounces (approx. 28 Kilos) to 1050 troy ounces (approx. 33 kilos)
Delivery Logic Compulsory in BDR