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Help on Palladium (PA)
NYMEX Palladium Futures are traded on the New York Mercantile
Exchange. The price of Palladium is quoted in dollars per troy
ounce. The standard contract size is 100 troy ounces. The minimum
trading increment is a 10 cents.
Palladium prices are read as follows:
A price of 278.80 would be read as $278.80 per troy ounce
A move from 278.80 to 279.80 would be a difference of $100.00
excluding commissions and fees. The minimum change is $0.10 dollar
or $10.00
Formula: $279.80 - $278.80 = $1.00 *100 = $100.00
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