SSP | Silver Singapore Futures Contract
Trade silver in a bar size and purity designed for today’s industrial market. Abaxx’s Silver Singapore futures reflect the physical requirements of high-purity silver demand and provide a reliable tool for hedging, pricing, and physical delivery into Singapore, a major precious metals trading hub serving Asia’s manufacturing supply chains.
Abaxx’s Silver Singapore futures contract is a US dollar-denominated, 1,000 troy ounce, 0.9999 fineness, physically-deliverable product, with delivery into approved vaults in Singapore.
Contract Specs
| Contract Name | Silver Singapore Futures |
| Contract Symbol | SSP |
| Rule Chapter | 1900 |
| Settlement Method | Physical |
| Contract Months | 6 consecutive months |
| Pricing Terms | USD and cents/troy ounce |
| Contract Size | 1,000 ounces |
| Minimum Price Movement | USD 0.01 per troy ounce |
| Trading Hours | Monday through Friday |
| Price Limits | Fixed at Launch |
| Settlement Price Period | Five minutes ending 1330 (London) |
| Final Settlement Price | Price determined by the Exchange on the Last Trading Day |
| Last Trading Day | Two (2) Business Days prior to Delivery Date |
| Block Trade Minimum | 5 lots |
| Reportable Level | 25 lots |
| Position Limits (Spot Month) | 500 lots |
| Position Accountability Levels (any/all month) | 2,500 lots |
| Quality | 0.9999 fineness |
| Delivery Unit | 1,000 ounces |
| Approved Brands | Manufactured by a producer (i) that produces 1,000 troy ounce bars with a minimum of 0.9999 |
| Delivery Location | Approved Vaults in Singapore |
| Approved Vaults | See Approved Vaults |
| Product Placement | The Seller and the Buyer must adequately demonstrate commercial capabilities (for making or |
| Notice Date | Business Day following Last Trading Day |
| Delivery Date | First Business Day of the Contract Month that is not preceded by a Business Day that is a US |
| Payment Date | Delivery Date |
| Venue of Arbitration | Singapore International Arbitration Centre (SIAC) |
