Palladium
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The Trade is opened when CFD’s on Palladium Futures are quoted at:255.40 (Selling Price) - 259.40 (Buying Price)
You think the price is due to Sell
You think the price is due to RISE Buy @ 259.40
100 Troy OZS = $10.00 per 0.10 movement in price (0.1 = 1tick)
The Trade is closed when CFD’s on Palladium Futures are quoted at:261.60 (Selling Price) - 265.60 (Buying Price)
Buy
Sell
P/L Calculations
Selling Price: 255.40Buying Price: 265.60 -10.2 -$2,960 Loss -$2,960 Loss
Buying Price: 259.40Selling Price: 261.60 2.2 $220 Profit $220 Profit
Trading Hours
PRODUCT NAME SYMBOL TRADING HOURS DAILY TRADING BREAKS
SPOT GOLD SPT_GLD
22:01 - 20:00(Sun-Fri)
21:15 - 22:01
SPOT SILVER SPT_SVR
22:01 - 20:00(Sun-Fri)
21:15 - 22:01
HIGH GRADE COPPER FUTURES HG
07:01 - 17:00 Daily
PALLADIUM FUTURES PA
12:31 - 17:00 Daily
PLATINUM FUTURES PL
12:21 - 17:05 Daily
Palladium is the other major metal of the platinum group. Most palladium is used for catalytic converters in the automobile industry. Automotive catalysts are the largest consuming sector, accounting for 63% of demand. Electronic equipment accounts for 21%; dental alloys, 12%; and jewelry, 4%.
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