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Platinum

Contract Size

100 troy ounces.

Deliverable Grades

In fulfillment of each contract, the seller must deliver 100 troy ounces (±7%) of palladium not less than .9995 fineness, with no single piece weighing less than 10 ounces . Each contract unit may consist of ingots or plates, each incised with the lot or bar number, weight, grade, name, or logo of the assayer, and symbol identifying the metal.

Tick Size

$0.05 (5¢) per troy ounce ($5.00 per contract).

Price Quote

U.S. dollars and cents per troy ounce.

Contract Months

Trading is conducted over 15 months, beginning with the current month and the next two consecutive months before moving into the quarterly cycle of March, June, September, and December.

Last Trading Day

Trading terminates at the close of business on the third business day prior to the end of the delivery month.

Settlement

Consult Exchange.

Trading Hours

Open outcry trading is conducted from 8:30 AM until 1:00 PM.

After-hours electronic trading begins at 2:00 PM on Mondays through Thursdays and concludes at 8:00 AM the following day. On Sundays, the session begins at 7:00 PM and concludes at 8:00 AM the following day.

Ticker Symbols

Ticker = PA

Daily Price Limit

None.

Ticker Symbols Exchange
NYMEX