Is Comex part of CME?
COMEX, a Designated Contract Market offering products subject to COMEX rules and regulations, joined CME Group with NYMEX in 2008. The merger expanded our suite of metals products to include several global benchmarks in precious, base and ferrous metals.
How are gold futures settled?
A future is simply a deal to trade gold at terms (i.e. amounts and prices) decided now, but with a settlement day in the future. The settlement day is the day when the actual exchange takes place – i.e. when the buyer pays, and the seller delivers the gold. It’s usually up to 3 months ahead.
Is CME Group a good investment?
CME Group hasn’t been a great stock over the past three years — it’s only up by 25%, compared to the S&P 500’s roughly 40% gain. Its dividend, though, makes its returns a bit more attractive. It yields only 1.7% at the newly elevated share price, but management has been boosting it steadily for almost 20 years.
What is the point of the CME?
CME is the abbreviation for Continuing Medical Education and consists of educational activities which serve to maintain, develop, or increase the knowledge, skills, and professional performance and relationships that a physician uses to provide services for patients, the public, or the profession.
Is gold futures a good investment?
Gold futures are compelling because they give investors the opportunity to trade the commodity without having to pay the full amount right away. ETFs that follow the price of the yellow metal give investors access to gold by holding either physical gold bullion or gold futures contracts.
What can you do with COMEX gold futures?
Get more liquidity, access, and price transparency for trading Gold, Silver, Platinum, and Palladium. As you look to add liquid and actively-traded contracts to your portfolio, COMEX Gold futures lead the charge for benchmark, efficient risk management opportunities in today’s global gold markets.
Can you trade precious metals on the CME Group?
Manage your risk in the precious metals markets with CME Group Metals futures and options. Get more liquidity, access, and price transparency for trading Gold, Silver, Platinum, and Palladium.
How big is the silver contract on COMEX?
Silver futures are also listed in smaller contract sizes on COMEX (2,500 troy ounce E-mini and 1,000 troy ounce E-micro); most of the volumes reside in the standard 5,000 oz contract. The features of the COMEX Silver contract are in Figure 9 and the monthly volumes and open interest are in Figure 10.
What’s the difference between COMEX gold and shfe silver?
There is typically around $30/oz price differential between the spot month prices of COMEX and SHFE/TOCOM, and this is usually explained away as the logistics and transportation costs to bring the metal into the Far East. The sporadic widening of spreads may provide short term arbitrage opportunities for investors who are alert to them.