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.
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 |