Micro Platinum Futures - Contract Specs
Contract Unit | 10 troy ounces |
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Price Quotation | U.S. dollars and cents per troy ounce |
Trading Hours | CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT CME ClearPort: Sunday 5:00 p.m. - Friday 4:00 p.m. CT with no reporting Monday - Thursday from 4:00 p.m. - 5:00 p.m. CT |
Minimum Price Fluctuation | 0.10 per troy ounce = $1.00 |
Product Code | CME Globex: PLM CME ClearPort: PLM Clearing: PLM |
Listed Contracts | Monthly contracts listed for 3 consecutive months and any Jan, Apr, Jul, and Oct in the nearest 12 months. |
Settlement Method | Deliverable |
Termination of Trading | Trading terminates on the third last business day of the contract month. |
Settlement Procedures | |
Position Limits | |
Exchange Rulebook | |
Block Minimum | |
Price Limit or Circuit | |
Vendor Codes | |
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. |