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Another new Micro - Platinum 3/13/2023


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Another new Micro - Platinum 3/13/2023

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 SMCJB 
Houston TX
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Experience: Advanced
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Effective Sunday, March 12, 2023, for trade date Monday, March 13, 2023, and pending all relevant CFTC regulatory review periods, New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) will list the Micro Platinum Futures contract (the “Contract”) for trading on the CME Globex electronic trading platform (“CME Globex”) and for submission for clearing via CME ClearPort.

https://www.cmegroup.com/content/dam/cmegroup/notices/ser/2023/02/SER-9147.pdf

Symbol ~ PLM
Size ~ 10oz (1/5th of Full Size)
Settle ~ Physical
Tick ~ $0.10 / ounce (ie $1 per tick)

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 traderjohnnie 
Perth Western Australia
 
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Yet another market listed by CME that nobody trades, which is a pity because of the relatively high margin on the full size.

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SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,048 since Dec 2013
Thanks Given: 4,384
Thanks Received: 10,206


It doesnt launch for another 2 weeks!

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Last Updated on February 27, 2023


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