-
About
|
About CME Group Information and Resources - Careers|
-
Investor Relations
|
Investor Relations Financial ReportsShareholder Information - Media Room|
-
Feedback
|
- Global
- Electronic Trading |
-
Clearing
|
CME Derivatives Clearing Clearing ServicesFinancial and Collateral ManagementClearing OperationsBusiness Continuity Mgt/DR -
CME ClearPort
|
CME ClearPort - OTC Derivatives Clearing CME ClearPort -
Market Data Services
|
Market Data Services New and Existing DistributorsLicensed Distributors - Market Regulation |
- Education |
- Resources
Palladium futures are a hedging tool for commercial producers and users of the metal. They also provide global price discovery and opportunities for portfolio diversification. In addition, the contracts offer:
- The benefits of central clearing, including guaranteed counterparty credit and segregation of customer funds
- Complete price transparency, giving all market participants equal access while maintaining anonymity in all bids and offers
Things to know about the contracts
- Physically delivered
- Traded via open outcry during trading floor hours
- Traded electronically, virtually around the clock, on CME Globex
About Palladium
Palladium is the other major metal of the platinum group. It is mined with platinum, and resembles it in many respects, yet there are important differences between the two metals.
Palladium is also produced as a by-product of nickel mining. Russia supplies about 2/3 of production, South Africa about ¼ and North American less than 10%.
Automotive catalysts are the largest consuming sector, accounting for 2/3 of demand. Electronic equipment, dental alloys and jewelry manufacturing also account for palladium use.
