The Olympic gold rush might be over, but the silver spring is about to begin! Precious metals are garnering a lot of attention lately, especially silver, and now there's a new way to trade it.
CME Group just launched a new 100 oz silver futures contract, and it’s available immediately on NinjaTrader. Whether you're already trading metals or looking to diversify, this smaller contract size is a great way to get into the silver market with the transparency and structure of regulated futures.
Let’s break down what makes this launch such a big deal for futures traders.
What are 100 oz silver futures?
CME’s 100-ounce silver futures (SLR) are a new addition to the silver family. They’re designed for traders new to the metal, who think the Micro 1,000 oz is too big, and the Standard 5,000 oz is gargantuan. More precisely, they’re for traders who like to be just that: precise!
Here’s the quick rundown:
- Contract size: 100 troy ounces
- Exchange: COMEX (via CME Group)
- Tick value: $1.00 (.01 * 100)
- Settlement: Physical delivery (though most traders offset before expiry)
- Margin: Lower than standard silver—check live rates on NinjaTrader
Check out the full 100 oz silver contract details from CME Group.
Why did CME launch this contract?
Simple: demand is up, especially from retail traders. More traders are getting interested in silver, and many want a contract that’s accessible but still offers the liquidity and structure of real futures.
CME created the 100 oz contract to:
How does the 100 oz contract compare to other silver futures?
Here’s where it fits:
| Contract Type | Size | Symbol | Tick Value |
| Standard Silver | 5,000 oz | SI | $25.00 |
| Micro Silver | 1,000 oz | SIL | $5.00 |
| 100 oz Silver (NEW) | 100 oz | SLR | $1.00 |
SLR fills the gap for traders who want more tick value than Micro exposure but don’t want the size or margin of the full 5,000 oz contract.
Looking to dabble in bigger ounces? Check out all silver futures trading types.
Related: Explore the difference between Micro vs standard futures.
Who’s the 100 oz contract for?
If you're an active futures trader looking to get serious about metals, or if you’re already in silver but want more flexibility, this contract might be for you.
It’s a great fit for:
How to trade 100 oz silver futures on NinjaTrader
Getting started is a snap. If you already have a NinjaTrader account, just add SLR to your watchlist and chart it like any other futures product.
Here’s what you get:
- Live silver data and advanced charting
- Built-in indicators and drawing tools
- Access to the Order Flow+ suite
- Multiple order types, strategy automation, and more
- Trade from desktop, web, or mobile
You can also use NinjaTrader’s simulated environment to test your silver strategy before going live.
See full trading platform features and review current margin requirements.
Finally… why this all matters for silver traders
If you’ve been looking for a way to get into silver with more size, less margin, and all the benefits of regulated futures, this is it. Keep in mind, futures trading involves substantial risk and leverage can magnify both gains and losses.
With the launch of 100 oz silver futures, CME Group is giving traders a new way to participate in one of the most exciting metals markets. And NinjaTrader is the place to trade it—with the tools, data, and support you need to trade confidently.
Ready to trade silver futures? Open your NinjaTrader account today to get started.
