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. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) TAS: Sunday - Friday 6:00 p.m. - 1:05 p.m. (5:00 p.m. - 12:05 p.m. CT) |
CME ClearPort: | Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) | |
| Minimum Price Fluctuation |
Outright: 0.10 per troy ounce = $5.00 TAS: Zero or +/- 10 ticks in the minimum tick increment of the outright |
||||
| Product Code | CME Globex: PLCME ClearPort: PLClearing: PLTAS: PLT | ||||
| Listed Contracts | Monthly contracts listed for 3 consecutive months and any January, April, July, and October in the nearest 15 months | ||||
| Settlement Method | Deliverable | ||||
| Termination Of Trading | Trading terminates on the third last business day of the delivery month. | ||||
| Trade At Marker Or Trade At Settlement Rules | Trading at Settlement (TAS) is subject to the requirements of Rule 524.A. TAS trades off a "Base Price" of zero (equal to the daily settlement price) to create a differential versus the daily settlement price in the underlying futures contract month. The TAS clearing price equals the daily settlement price of the underlying futures contract month plus or minus the TAS transaction price. TAS Table |
||||
| 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. | ||||
Quick Links
Contract Related
- CME ClearPort
- CME ClearPort Upgrade – Brokers
- CME ClearPort Upgrade – Traders
- Daily Bulletin
- Expiration Calendar
- Find a CME ClearPort Broker
- Fee Schedule
- Membership Overview
- Monthly Metals Review
- Open Interest Tool
- Options Expirations Procedures
- Metals Options Exercise Months
Product Related
- Trade TAS
- Service Providers and Storage Fees
- Trading at Settlement for Metals Futures
- Gold as Collateral
- Warehouse & Depository Stocks
Delivery Notices
Resources
© 2020 CME Group Inc. All rights reserved.