• Platinum Options (PO) and Palladium Options (PAO) on CME Globex

      • To
      • Clearing Member Firms; Bookkeeping Software Providers; ISVs
      • From
      • CME Clearing
      • #
      • 13-047
      • Notice Date
      • 31 January 2013
      • Effective Date
      • 24 February 2013
    • Effective Sunday, February 24, 2013 for trade date Monday, February 25, 2013, the New York Mercantile Exchange, Inc. (NYMEX or Exchange) will list Platinum Option (PO) and Palladium Option (PAO) on CME Globex trading platform pending CFTC review.These products will continue to be available for trading on the NYMEX trading floor and for clearing through CME ClearPort.  
      In addition, the strike price increment for Palladium Options (PAO) will change from $1.00 to $5.00. 
       
      ·                                                CME Globex Codes: Platinum Option: PO; Palladium Option: PAO
      ·                                                Clearing Codes: Platinum Option: PO; Palladium Option: PAO
      ·                                                CME Globex Listing Schedule: 3 consecutive months
      ·                                                Rule Chapters: Platinum Option: 360; Palladium Option: 119
       
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      (312) 648-3888
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      (312) 341-7970
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      (312) 648-5470

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