钯期货合约11月27日上市！这些交易要点速速收藏

Core Viewpoint - The Guangzhou Futures Exchange announced the listing of platinum and palladium futures and options, set to begin trading on November 27 and 28, 2025, respectively, in response to the growing demand and supply concerns in the global new energy industry [3][4]. Group 1: Listing Information - Palladium futures will be listed on November 27, 2025, with trading hours from 9:00 to 11:30 and 13:30 to 15:00 on weekdays [5]. - The first batch of palladium futures contracts includes PD2606, PD2608, and PD2610 [5]. - The trading unit for palladium futures is 1000 grams per contract, with a minimum price fluctuation of 0.05 yuan per gram [8]. Group 2: Trading Rules - The price limit for the first trading day is set at 14% of the listing benchmark price, which will adjust to 7% based on the previous day's settlement price if there are transactions [5]. - The minimum trading margin is 5% of the contract value, and the delivery method is physical delivery [4][8]. - The last trading day is the 10th trading day of the contract month, and the last delivery day is the third trading day after the last trading day [8]. Group 3: Fees and Charges - A daily declaration fee for palladium futures will be charged based on the number of transactions, with specific rates depending on the volume of information [6][7]. - The fee structure includes no charge for up to 4000 transactions, with incremental fees for higher volumes [6]. Group 4: Additional Trading Information - The contract months for palladium futures are February, April, June, August, October, and December [8]. - The maximum order size is 1000 contracts, while the minimum is 1 contract [8]. - The settlement price for futures contracts will be based on the weighted average price of transactions during the delivery month [10].