• Regularity Approvals for Platinum and Palladium Brands

      • From
      • Registrar's Office
      • #
      • MKR08-30-22
      • Notice Date
      • 30 August 2022
      • Effective Date
      • 30 August 2022
    • DATE:                   August 30, 2022

      MKR#:                  08-30-22             

      SUBJECT:             Regularity Approvals for Platinum and Palladium Brands  

       

      The New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) has approved certain London Platinum and Palladium Market (“LPPM”) good delivery brands for delivery against the Exchange’s Platinum Futures (PL) and Palladium Futures (PA) contracts. The list of brands are located in the “Platinum (PL) Brands” and “Palladium (PA) Brands” tabs in the service providers table at the end of Chapter 7 of the NYMEX Rulebook. These approvals will increase the brands of available material that can be used to satisfy delivery requirements of the Platinum Futures (PL) and Palladium Futures (PA) contracts and will afford market participants expanded delivery options.

      These approvals are effective immediately.

       

       

      Market Surveillance

      Terry Gehring                                     Terry.Gehring@cmegroup.com                               312-435-3644

       

      The Commodity Futures Trading Commission (CFTC) will be notified of these approvals during the week of September 5, 2022 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.