{"id":49567,"date":"2026-09-08T18:57:09","date_gmt":"2026-09-08T10:57:09","guid":{"rendered":"https:\/\/www.phillipnova.com.sg\/?post_type=announcement&p=49567"},"modified":"2026-09-08T18:58:54","modified_gmt":"2026-09-08T10:58:54","slug":"important-notice-weekly-expiration-of-cme-groups-100-ounce-silver-futures-gtc-gtd-orders","status":"publish","type":"announcement","link":"https:\/\/www.phillipnova.com.sg\/cn\/announcement\/important-notice-weekly-expiration-of-cme-groups-100-ounce-silver-futures-gtc-gtd-orders\/","title":{"rendered":"Important Notice: Weekly Expiration of CME Group\u2019s 100-Ounce Silver Futures GTC\/GTD Orders"},"content":{"rendered":"

Phillip Nova does not support weekend trading. Hence, all active Good-Till-Cancelled (GTC) and Good-Till-Date (GTD) orders for COMEX 100-Ounce Silver Futures (SIC) will automatically expire every Friday at 4:00 PM CT, following CME Group\u2019s introduction of 24\/7 trading for the SIC contract from Friday, 11 Sep 2026.<\/p>\r\n

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The weekly expiry will correspond to:<\/p>\r\n

\u2013 Saturday, 5:00 AM SGT during Daylight Saving Time (DST)<\/p>\r\n

\u2013 Saturday, 6:00 AM SGT during Standard Time<\/p>\r\n

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Clients are encouraged to review and cancel any outstanding GTC or GTD orders before the weekly cutoff to avoid disruption to their trading plans.\u00a0Any orders remaining in the system after the cutoff will\u00a0expire after the close every Friday,<\/strong>\u00a0and will need to be resubmitted when trading through NOVA resumes.<\/p>\r\n

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Trading of COMEX SIC futures through Phillip Nova will remain available from Mondays to Fridays during the following market open hours:<\/p>\r\n

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Market open: Sunday 4:05 p.m. CT<\/strong><\/p>\r\n