Platinum and Palladium Futures and Options

View all Platinum and Palladium Products

Platinum and Palladium futures and options play an integral role in the PGMs market. Listed on NYMEX, Platinum and Palladium futures have the longest history amongst all CME Group’s metals products. As platinum and palladium are widely used in automobile industry, jewelry fabrication and as physical investment, the futures and options contracts have attracted continuous interest from commercial users and investors. 

Key Benefits

  • Most liquid Platinum and Palladium exchange-traded products in the world
  • A central point of price discovery, price transparency, risk management and mitigation of counterparty risk
  • Electronic trading on CME Globex, facilitating risk management opportunities around the globe
  • OTC clearing through CME ClearPort, providing unparalleled flexibility for off-exchange business, price negotiation and central counterparty clearing
  • Clearing through CME Clearing, reducing credit risk

Platinum and Palladium Products

Clearing Globex Floor ClearPort Product Name Exchange Product Group Subgroup Category Subcategory Cleared As Volume Open Interest
PL PL - PL Platinum Futures NYMEX Metals Precious - - Futures 27,148 71,474
PA PA - PA Palladium Futures NYMEX Metals Precious - - Futures 3,710 20,195
PO PO - PO Platinum Option NYMEX Metals Precious - - Options 301 16,706
PAO PAO - PAO Palladium Option NYMEX Metals Precious - - Options 4 817
Trade Date: 01 Dec 2023 | PRELIMINARY

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