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Platinum Futures Contract Specs

Contract Unit 50 troy ounces
Price Quotation U.S. Dollars and Cents per troy ounce
Trading Hours CME Globex: Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Open Outcry: Monday – Friday 8:20 a.m. – 1:05 p.m. (7:20 a.m. – 12:05 p.m. CT)
CME ClearPort: Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Minimum Price Fluctuation $0.10 per troy ounce
Product Code CME Globex: PL
CME ClearPort: PL
Open Outcry: PL
Clearing: PL
Listed Contracts Trading is conducted over 15 months beginning with the current month and the next two calendar months before moving into the quarterly cycle of January, April, July, and October.
Settlement Method Deliverable
Termination Of Trading Trading terminates on the third last business day of the delivery month.
Settlement Procedures Platinum Futures Settlement Procedures
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 105
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Delivery Period Delivery may take place on any business day beginning on the first business day of the delivery month or any subsequent business day of the delivery month, but not later than the last business day of the current delivery month.
Grade And Quality Platinum delivered under this contract shall be a minimum of 99.95% pure.