GFEX palladium futures (PD): margin, price limit and fees

Trading parameters for main contract PD2612. Other contracts and applicable conditions are listed below.

Official GFEX parameters for trading day 26 Oct 2026 · GFEX source ↗

Main contract PD2612

By open interest on 2026-10-26 · 15,135 lots

Speculative margin
14%
Daily price limit
±12%
Opening fee
0.01% of turnover

By contract

ContractSpec. marginHedge marginPrice limitFeeClose-today feePosition limit
PD2612 Main14%14%±12%0.01%0%756
PD270214%14%±12%0.01%0%300
PD270414%14%±12%0.01%0%300
PD270614%14%±12%0.01%0%300
PD270814%14%±12%0.01%0%300
PD271014%14%±12%0.01%0%300

Fees as a share of turnover unless shown per lot. Position and opening limits in lots per contract. A contract near or in its delivery month can carry a higher margin, and the exchange may list no price limit for it.

Parameter history

Parameter values compared by trading day; dates are not notice effective times.

  1. Position limit Client limit: 761 lots; Non-FCM member limit: 761 lots → Client limit: 756 lots; Non-FCM member limit: 756 lotsPD2612 · Compared with 2026-10-23
  2. Position limit Client limit: 773 lots; Non-FCM member limit: 773 lots → Client limit: 761 lots; Non-FCM member limit: 761 lotsPD2612 · Compared with 2026-10-22
  3. Position limit Client limit: 761 lots; Non-FCM member limit: 761 lots → Client limit: 773 lots; Non-FCM member limit: 773 lotsPD2612 · Compared with 2026-10-21
  4. Down price limit 24% → 12%PD2710 · Compared with 2026-10-21
  5. Up price limit 24% → 12%PD2710 · Compared with 2026-10-21
Record updates / comparability changes (4)

A previously unrecorded value becoming available does not establish an exchange rule change.

  1. Fee unit Not recorded → Share of turnoverPD2710 · Compared with 2026-10-21
  2. Closing fee Not recorded → 0.01% of turnoverPD2710 · Compared with 2026-10-21
  3. Close-today fee Not recorded → 0% of turnoverPD2710 · Compared with 2026-10-21
  4. Opening fee Not recorded → 0.01% of turnoverPD2710 · Compared with 2026-10-21

Notice timeline

Published notices mentioning this product, ordered by the exchange publication date.

  1. GFEX raises price limits and margins for 5 futures from 29 Sep 2026 settlement for National Day

Get an alert when GFEX changes palladium margins or limits: CEC Pro.

Sources

Values are copied from the Guangzhou Futures Exchange's official daily trading and settlement parameters for 26 Oct 2026, with no adjustment. Hours: Futures Clock · Holidays: Markets Open Today. The exchange's own publication prevails.