Palladium Futures (PA) provide traders with exposure to palladium prices without the need to hold physical palladium. These contracts are used for speculation on palladium price movements, hedging industrial metal needs, or diversifying investment portfolios with a precious metal that has critical industrial applications, particularly in automotive catalytic converters.
Contract Size: 100 troy ounces
Example: This contract size allows traders to gain exposure to metals with controlled leverage and risk.
These specifications make Palladium (PA) Futures suitable for traders seeking exposure to metals markets.
Palladium (PA) Futures trade with extended hours, providing flexibility for traders in different time zones.
Platform Symbol: PA
To trade Palladium (PA) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.
Proper position sizing is crucial when trading Palladium (PA) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.
For Palladium (PA) Futures (PA):
If you want to risk $500 with a 10-point stop loss:
Risk per Contract = Stop Loss in Points × Point Value = 10 × 50.00 per point = $500
Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $500 = 1 contract