CME Group announced it will introduce a cash-settled 100-ounce Silver futures contract on February 9, 2026, subject to regulatory approval. The new contract will settle financially based on the daily settlement price of the global benchmark COMEX Silver futures. It is designed to complement the existing Micro Silver contract and provide a larger-scale option for retail participants seeking exposure to silver without physical delivery requirements.

In 2025, CME Group achieved record average daily volumes (ADV) in its metal micro contracts, with Micro Gold futures registering 301,000 contracts traded per day and Micro Silver futures reaching 48,000 ADV. Clients also executed over 6 million contracts in the 1-ounce Gold futures launched on January 13, 2025. These figures underscore a surge in retail demand for accessible precious-metals products on the CME Globex electronic platform.

Jin Hennig, Managing Director and Global Head of Metals at CME Group, highlighted that the 100-ounce Silver contract offers broader participation and improved liquidity. Robinhood Markets’ VP and GM of Futures and International, JB Mackenzie, praised the contract for lowering capital requirements and furthering the firm’s mission to democratize finance. Plus500US CEO Isaac Cahana noted that the new size will enable global customers to capture silver market moves in a cost-effective manner.

The addition of a 100-ounce Silver contract aligns with CME Group’s strategy to diversify its benchmark offerings across key asset classes. Metals remain a core growth area, bolstered by geopolitical uncertainty and the energy transition driving retail interest. By expanding its suite of silver futures, CME Group aims to solidify its position as the world’s leading derivatives marketplace, leveraging its COMEX rules framework and CME Globex technology to attract a wider spectrum of traders.