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|This article describes a futures contract with a discrete termination or delivery date. View articles referencing this futures contract.|
Palladium futures are delivered every year in January, February, March, April, May, June, July, August, September, October, November and December (all months).
The following is a table with Palladium futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.
|Delivery Month||Full Ticker Symbol||Thomson-Reuters Symbol|
One Palladium futures contract on the New York Mercantile Exchange is 100 troy ounces.
$0.05 (5¢) per troy ounce ($5.00 per contract).
No price limits.
Trading terminates at the close of business on the third business day prior to the end of the delivery month.
In fulfillment of each contract, the seller must deliver 100 troy ounces (±7%) of palladium not less than .9995 fineness, with no single piece weighing less than 10 ounces. Each contract unit may consist of ingots or plates, each incised with the lot or bar number, weight, grade, name, or logo of the assayer, and symbol identifying the metal.