What does ZSIKRF mean in ASX SYMBOLS
Comex Silver Futures (cme) is an exchange-traded futures contract that references the metal, silver. It provides investors the ability to profit from, or hedge against, price movements in silver without having to take physical delivery of the metal itself. The ticker symbol for Comex silver futures is ZSIKRF.
ZSIKRF meaning in ASX Symbols in Business
ZSIKRF mostly used in an acronym ASX Symbols in Category Business that means Comex Silver Futures (cme)
Shorthand: ZSIKRF,
Full Form: Comex Silver Futures (cme)
For more information of "Comex Silver Futures (cme)", see the section below.
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Advantages of ZSIKRF
ZSIKRF provides traders with exposure to both long and short positions in silver depending on market conditions and their investment objectives. Moreover, it is cost effective compared to owning physical gold in terms of trading and storage costs associated with fututres contracts. Additionally, these contracts provide leverage allowing traders with smaller capital bases to generate larger returns while also limiting their potential exposure should prices move against them. Lastly, they offer hedging opportunities which enable traders to protect their wealth from sudden changes due to geopolitical events or other external factors affecting prices of commodities like gold and silver.
Essential Questions and Answers on Comex Silver Futures (cme) in "BUSINESS»ASX"
What is Comex Silver Futures?
Comex Silver Futures are a financial futures contract traded on the New York Mercantile Exchange (NYMEX) for silver. The contract is priced in U.S. dollars per troy ounce and is one of the most actively traded silver futures in the world.
What is the ticker symbol for Comex Silver Futures?
The ticker symbol for Comex Silver Futures is ZSIKRF.
What are the trading hours for Comex Silver Futures?
Comex Silver Futures trade between 9:00 am - 1:00 am EST, Sunday-Friday.
Who regulates Comex Silver Futures?
Comex Silver Futures are regulated by both the Commodity Exchange (COMEX) and the Commodity Futures Trading Commission (CFTC).
What does margin mean in relation to Comex Silver Futures?
Margin refers to an amount that must be deposited with a broker prior to entering into a futures contract as a form of collateral, ensuring that traders meet their obligations under the terms of the contract.
How much capital do I need to trade with in order to enter into a Comex Silver Futures position?
The required capital needed to open a position in come gold futures will depend on your broker's specific requirements and risk tolerance levels but typically can range from 5-10% of total value of the contract.
What types of orders can I place when trading with Comex Silver Futures?
Commonly used order types include market orders, limit orders and stop loss orders, amongst others that are available depending on your broker's platform capabilities.
What tax implications exist when trading with Comex Silver Futures?
Generally speaking, taxes are applicable on any gains or losses resulting from positions held in futures contracts; however, different jurisdictions may have different laws regarding taxation. It is important to consult a tax advisor if you have any questions about how taxes apply to your particular situation.
Final Words:
In summary, ZSIKRF is a ticker symbol for Comex Silver Futures—an important financial instrument enabling investors to benefit from price movements in silver without owning it physically. These derivatives offer numerous advantages including cost savings compared to owning physical bullion along with leverage and hedging capabilities which further add value for savvy investors looking for diversification or protection against volatility associated with precious metals markets.