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Another new Micro - Platinum 3/13/2023


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  #1 (permalink)
 
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 SMCJB 
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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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  #2 (permalink)
 traderjohnnie 
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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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  #3 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,247 since Dec 2013
Thanks Given: 4,591
Thanks Received: 10,544


It doesnt launch for another 2 weeks!


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Last Updated on February 27, 2023


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