The JSE’s Silver Futures and Options Derivatives provide local investors with exposure to international silver prices. Silver Futures and Options are listed and traded on the New York Mercantile Exchange (NYMEX) through its Commodity Exchange (COMEX) division, a subsidiary of the CME group. Contracts are cash settled in rands and can easily be accessed through JSE Commodity Derivatives members.
Silver is used as a store of value, silver is widely used as an industrial metal for commercial use. Silver futures and options are typically used by commercial producers and consumers of silver as a hedging tool against price risk. These contracts also provide opportunities for portfolio diversification and can be used by speculators seeking a profit on short-term movements in the futures contract price.
To access this product, register as a client with one of the JSE’s
Commodity Derivatives or Equity Derivatives members , deposit the required initial margin and sell or buy according to your needs.