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: PL CME ClearPort: PL Clearing: PL TAS: 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.

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