Metals » Palladium Futures

Our user-friendly trading platform and exceptional customer service make it easy and convenient to add a little metal to your portfolio, including palladium futures. Open an account to trade futures at optionsXpress.

Symbol
PA
Exchange
NYMEX
Contract Size
100 Troy Ounces
Tick Size
0.05 = $5.00

About NYMEX Palladium Futures

Palladium is the other major metal of the platinum group. It is mined with platinum, and resembles it in many respects, yet there are important differences between the two metals. Palladium is also produced as a by-product of nickel mining. Russia supplies about 67% of production, South Africa, 23%; and North America, 8%. Annual production runs approximately 8.1 million ounces.

Automotive catalysts are the largest consuming sector, accounting for 63% of demand. Electronic equipment accounts for 21%; dental alloys, 12%; and jewelry, 4%.

optionsXpress customers can trade palladium futures at the COMEX Division of the New York Mercantile Exchange. Trading in palladium futures provides individual investors with an easy and convenient way to profit from changes in palladium prices. In addition, a broad cross-section of companies - from palladium mining operations to end-users - can use palladium futures to protect themselves against adverse price changes.

NYMEX Palladium Futures Specifications

Palladium futures, New York Mercantile Exchange, symbol PA. Minimum Tick Size $0.05 per ounce, worth $5.00 per contract.

Electronic trading is conducted from 6:00 PM US until 5:15 PM US EST via the CME Globex® trading platform, Sunday through Friday.

Primary months are March, June, September, and December, but palladium futures contracts are available all twelve months of the year.

Please see the disclosures page for additional information regarding this section.