Market News

Apr. 11, 2022 OSE Notice Concerning Trading of Platinum and Palladium Futures

 

Now, since LPPM (London Platinum and Palladium Market) has taken steps to exclude Russian platinum and palladium brands from the certification list, OSE is considering measures including cancellation of the designation of the brand as Good Delivery Materials in our futures market. We will promptly give you a formal notice as soon as specific measures are decided.
If the designation of the brand as Good Delivery Materials is canceled, especially in our palladium futures market, since many Russian brands have been used as deliverables, it is expected that the number of open interests will decrease sharply due to the above measures, and the liquidity will decline for some time. Due to the difficulty of trading (new open interest, resale, repurchase), the risks associated with holding open interest are higher than ever.
We would like to ask market participants to pay full attention to such circumstances.

LPPM Press Release "LPPM GOOD DELIVERY PLATINUM AND PALLADIUM UPDATE"icon-block

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