ETF & ETC

iShares Physical Silver Options (ISLN)

  • Currency
    USD
  • Product ISIN
    IE00B4NCWG09
  • Underlying ISIN
    IE00B4NCWG09

Prices/Quotes

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Statistics

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Specifications

Contract Specifications

ContractProduct IDUnderlyingCurrency

WisdomTree Physical Gold Options

OPHA

WisdomTree Physical Gold ETC

USD

WisdomTree WTI Crude Oil Options

OCRU

WisdomTree WTI Crude Oil ETC

USD

WisdomTree Brent Crude Oil Options

BRNT

WisdomTree Brent Crude Oil ETC

USD

WisdomTree Copper Options

COPA

WisdomTree Copper ETC

USD

WisdomTree Nickel Options

NICK

WisdomTree Nickel ETC

USD

iShares Physical Gold Options

IGLN

iShares Physical Gold ETC

USD

iShares Physical Silver Options

ISLN

iShares Physical Silver ETC

USD


Contract size

100 ETC securities (for OCRU 1000 and for OPHA 10 ETC securities)

Settlement

Physical delivery of the respective ETC securities two exchange days after the last trading day.

Price quotation and minimum price change

The price quotation is in USD per security, with two decimal places. The minimum price change is USD 0.01.

Contract months

Up to 60 months: The three nearest successive calendar months, the eleven following quarterly months of the March, June, September and December cycle thereafter, and the four following semi-annual months of the June and December cycle thereafter.

Last trading day and final settlement day

Last trading day is the final settlement day. Final settlement day is the third Friday of each expiration month if this is an exchange day; otherwise the exchange day immediately preceding that day. Close of trading in the expiring option series on the last trading day is at 17:30 CET.

Daily settlement price

The daily settlement price is established by Eurex. The daily settlement prices for Exchange Traded Commodities Options are determined trough the binomial model according to Cox/Ross/Rubinstein.

Further details are available in the clearing conditions.

Final settlement price

The final settlement price is established by Eurex on the final settlement day, based on the closing auction at London Stock Exchange at 17:30 CET.

Exercise

WisdomTree: European-style; an option can only be exercised on the final settlement day of the respective option series until 20:00 CET.

iShares: American-style; an option can be exercised until the end of the Post-Trading Full Period (20:00 CET) on any trading day during the lifetime of the option.

Exercise prices

ContractExercise price intervals in USD

WisdomTree Physical Gold Options

2.00

WisdomTree WTI Crude Oil Options

WisdomTree Nickel Options

0.10

WisdomTree Brent Crude Oil Options

WisdomTree Copper Options

iShares Physical Gold Options

iShares Physical Silver Options

0.25


Number of exercise prices

Upon the admission of the options, at least seven exercise prices shall be made available for each due date with a term of up to 60 months for each call and put, such that three exercise prices are in-the-money, one is at-the-money and three are out-of-the-money.

Option premium

The premium is payable in full in USD on the exchange day following the day of the trade.

Block Trades

Admitted to the Eurex Block Trade Service with a Minimum Block Trade Size of 500 contracts.

Market-Making Parameter

All quotation parameters at a glance

  • Quotation period
  • Maturity range
  • Spread class & Maximum Spread
  • Minimum Quote Size
Liquidity Provider schemes

Mistrade Parameter

This file provides an overview of mistrade ranges for Options and Futures including information on their behavior close to expiration and in stressed markets.
 

Mistrade Ranges

Crossing Parameters

(section 2.6 Eurex Trading Conditions)

(1) Orders and Quotes relating to the same Instrument or Combined Instrument may, in case they could immediately be executed against each other, neither be entered knowingly by an Exchange Trader or several Exchange Traders of an Admitted Company (a “Cross Trade”) nor pursuant to a prior understanding between Exchange Traders of two different admitted companies (a “Pre-Arranged Trade”), unless the conditions according to Paragraph 2 have been fulfilled. The same shall apply for the entry of Orders as part of a Quote.

(2) A Cross Trade or a Pre-Arranged Trade is admissible if a participant in a Cross Trade or a Pre-Arranged Trade Eurex Trading System, announces his intention to execute a corresponding number of Contracts as Cross Trades or Pre-Arranged Trades in the Order Book (“Trade Request”). The buying participant has to ensure that he himself or the selling participant enters the Trade Request. The Order or Quote giving rise to the Cross Trade or Pre-Arranged Trade must be entered one second at the earliest and 121 seconds at the latest after the entry of the Trade Request. Entering a Trade Request without entering the respective Order or Quote is not admissible.

(3) Paragraphs 1 and 2 shall not apply to Transactions consummated during the netting process in an auction (Number 1.4 Paragraphs 2 and Paragraph 3).

(4) The automated entry functionality for Cross Trades or Pre-Arranged Trades of the Eurex Trading System may be used for entering Cross Trades or Pre-Arranged Trades. In this case, announcement and entry of the corresponding Orders pursuant to Paragraph 2 will be automated. 

Trading Hours

Regular Trading Day
Pre-Trading Trading Post-Trading
Full Late1 Late2 Restricted
07:30 09:00 17:30 20:00
Last Trading Day
Pre-Trading Trading Post-Trading
Full Late1 Late2 Restricted
07:30 09:00 17:30 20:00

Trading Calendar

  • Jan 01
    Interest Rates | Equity | Equity Index | Dividends | FX | Volatility | ETF & ETC | Commodity | Cryptocurrency | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • Jan 02
    Fixed income derivatives | Equity | Equity Index | Dividends | ETF & ETC | FX | Switzerland | Holiday

    No cash payment in CHF

  • Jan 15
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Jan 19
    Exchange traded commodities derivatives | Last Trading Day

    Last Trading Day for ETC and Xetra-Gold® derivatives

  • Feb 16
    Exchange traded commodities derivatives | Last Trading Day

    Last Trading Day for ETC and Xetra-Gold® derivatives

  • Feb 19
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Mar 15
    Exchange traded commodities derivatives | Last Trading Day

    Last Trading Day for ETC and Xetra-Gold® derivatives

  • Mar 29
    Interest Rates | Equity | Equity Index | Dividends | Cryptocurrency | Volatility | FX | ETF & ETC | Commodity | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • Apr 01
    Interest Rates | Equity | Equity Index | Dividends | FX | Volatility | ETF & ETC | Commodity | Cryptocurrency | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • Apr 19
    Exchange traded commodities derivatives | Last Trading Day

    Last Trading Day for ETC and Xetra-Gold® derivatives

  • May 01
    Interest Rates | Equity | Equity Index | Dividends | FX | Volatility | ETF & ETC | Commodity | Cryptocurrency | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • May 06
    Exchange traded commodities derivatives | Holiday

    Eurex is closed for trading and exercise in Exchange Traded Commodities

  • May 09
    Fixed income derivatives | Equity | Equity Index | Dividends | ETF & ETC | FX | Switzerland | Holiday

    No cash payment in CHF

  • May 17
    Exchange traded commodities derivatives | Last Trading Day

    Last Trading Day for ETC and Xetra-Gold® derivatives

  • May 20
    Fixed income derivatives | Equity | Equity Index | Dividends | ETF & ETC | FX | Switzerland | Holiday

    No cash payment in CHF

  • May 27
    Exchange traded commodities derivatives | Holiday

    Eurex is closed for trading and exercise in Exchange Traded Commodities

  • May 27
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Jun 19
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Jun 21
    Exchange traded commodities derivatives | Last Trading Day

    Last Trading Day for ETC and Xetra-Gold® derivatives

  • Jul 04
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Jul 19
    Exchange traded commodities derivatives | Last Trading Day

    Last Trading Day for ETC and Xetra-Gold® derivatives

  • Aug 01
    Fixed income derivatives | Equity | Equity Index | Dividends | ETF & ETC | FX | Switzerland | Holiday

    No cash payment in CHF

  • Aug 16
    Exchange traded commodities derivatives | Last Trading Day

    Last Trading Day for ETC and Xetra-Gold® derivatives

  • Aug 26
    Exchange traded commodities derivatives | Holiday

    Eurex is closed for trading and exercise in Exchange Traded Commodities

  • Sep 02
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Sep 20
    Exchange traded commodities derivatives | Last Trading Day

    Last Trading Day for ETC and Xetra-Gold® derivatives

  • Oct 14
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Oct 18
    Exchange traded commodities derivatives | Last Trading Day

    Last Trading Day for ETC and Xetra-Gold® derivatives

  • Nov 11
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Nov 15
    Exchange traded commodities derivatives | Last Trading Day

    Last Trading Day for ETC and Xetra-Gold® derivatives

  • Nov 28
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Dec 20
    Exchange traded commodities derivatives | Last Trading Day

    Last Trading Day for ETC and Xetra-Gold® derivatives

  • Dec 24
    Interest Rates | Equity | Equity Index | Dividends | Volatility | ETF & ETC | Cryptocurrency | Commodity | FX | Holiday

    Eurex is closed for trading in all derivatives

  • Dec 25
    Interest Rates | Equity | Equity Index | Dividends | FX | Volatility | ETF & ETC | Commodity | Cryptocurrency | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • Dec 26
    Interest Rates | Equity | Equity Index | Dividends | FX | Volatility | ETF & ETC | Commodity | Cryptocurrency | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • Dec 31
    Interest Rates | Equity | Equity Index | Dividends | Volatility | ETF & ETC | Cryptocurrency | Commodity | FX | Holiday

    Eurex is closed for trading in all derivatives

Transaction Fees

Fee Type Fee
Exchange transactions: Standard fees (A-, M- and P-accounts) USD 0.30 per contract
TES transactions / Eurex EnLight: Standard fees (A-, M- and P-accounts) USD 0.40 per contract
Position Closing Adjustments (A-, M- and P-accounts) USD 0.60 per contract
Exercise of options (A-, M- and P-accounts) USD 0.30 per contract
Position transfer with cash transfer USD 13.00 per transaction

Market Status

XEUR

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

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