CME Group has announced that it plans to introduce a 100-ounce silver futures contract on February 9, 2026, pending approval from regulators. The 100-ounce silver futures will be cash-settled based on the daily settlement price of the global benchmark silver futures contract, will be listed on the COMEX, and will be subject to its rules. "Amid geopolitical uncertainty and the energy transition, silver is becoming increasingly attractive to retail traders who seek to diversify their risk exposure through a variety of metal products," said Jin Hennig, Managing Director and Global Head of Metals at CME Group. "The 100-ounce silver futures will provide broader market participants with investment access, enabling them to benefit from the liquidity and efficiency offered by our futures markets." JB Mackenzie, Vice President and General Manager of Futures and International Business at Robinhood Markets, stated, "This new futures contract from CME supports our goal of building the best trading platform for active traders, offering customers a way to trade silver with lower capital outlay." "This contract aligns with our mission to democratize finance, providing greater convenience for participating in the silver market and more flexibility for traders." "Given the current high demand for silver, we are pleased to see CME expanding its range of smaller-sized products," said Isaac Cahana, CEO of Plus500US. "This new contract will allow our global clientele to capture opportunities in the silver market in a more flexible and cost-effective manner." In 2025, growing retail demand for CME's metal futures drove trading volumes to record highs. Both Micro Gold and Micro Silver futures set records, with average daily volumes reaching 301,000 contracts and 48,000 contracts, respectively. Furthermore, the 1-ounce gold futures contract, launched on January 13, 2025, has seen cumulative trading volume exceed 6 million contracts.
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