Silver futures refer to futures contracts with silver price as the subject matter at a certain point in the future. Silver futures contracts are standardized futures contracts, which are formulated by the corresponding futures exchanges. The detailed silver specifications, silver quality and delivery date are clearly stipulated above. Silver spot is a contract transaction based on the principle of capital leverage. Different from what we usually say, it requires delivery within 1-2 working days after the transaction is completed, but some investors do not actually deliver silver after the transaction is completed, but just close their positions at maturity to earn the difference profit.
Spot silver is in line with international spot silver, and the trading time is the same as international spot silver, 24 hours, while silver futures trading is different, with time limit, and different contracts for futures trading have trading deadlines. From this point of view, the advantages of spot silver are very obvious.
Silver futures was officially listed on the previous issue on May 20 10/2, which is also the second precious metal futures product listed in China. The characteristics of large fluctuations in the price of silver futures were vividly reflected yesterday. After diving for a period of time, it rebounded again, with more than 300 thousand lots sold all day.
Spot silver, also known as international spot silver or London silver, is a contract sale based on the principle of capital leverage. Spot silver trading takes USD as the currency unit and ounces as the contract unit, and the price changes with the change of the market. The trading weight is 1 ounce, that is, 1 hand, and the trading unit is 100 ounce or its multiple. Investors can buy the trading right of 1 00 ounces of silver at the price of1ounce, and use the trading right of 100 ounces of silver to buy up and sell down to earn the difference profit.