Micro Copper

Futures
Globex Code
MHGK5
Last
4.6215
Change
-0.0040 (-0.09%)
Volume
14,010
Last Updated15 Apr 2025 01:58:07 PM CT.
Market data is delayed by at least 10 minutes

At 1/10 the size of benchmark Copper futures, Micro Copper futures (MHG) will provide an efficient, cost-effective new way to fine-tune copper exposure and enhance trading strategies. Enjoy the robust transparency and price discovery of Copper futures (HG) in a smaller contract that enables traders of all sizes to manage Copper price risk and participate in the potential of the market.

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Features

Trade a smaller-sized contract

Conveniently sized and tailored for the individual investor. Attractive for copper option traders looking to better hedge delta and gamma positions.

Precisely scale copper exposure

Manage your copper price risk exposure on a smaller, more granular scale that complements the larger, liquid contract.

Flexibility

A financially settled contract allows users to gain exposure to the copper market without delivery risk.

Expands Micro opportunities

Expands on the success of our Micro suite of products, facilitating opportunities to try new asset classes and capitalize on cross-margining benefits from offsetting positions.

Vendor trading codes

Find codes you can use to look up Micro Copper futures on vendor trading platforms.

Explore this product in depth

Review contract highlights

  • Contract Unit
    2500 pounds
  • Price Quotation
    U.S. dollars and cents per pound
  • Product Code
    CME Globex: MHG
    CME ClearPort: MHG
    Clearing: MHG
  • Trading Hours
    CME Globex:
    Sunday 5:00 p.m. - Friday 4:00 p.m. CT with a daily maintenance period from 4:00 p.m. - 5:00 p.m. CT
    CME ClearPort:
    Sunday 5:00 p.m. - Friday 4:00 p.m. CT with no reporting Monday - Thursday from 4:00 p.m. - 5:00 p.m. CT
Last Updated15 Apr 2025 01:58:07 PM CT.
Date
Future VolumeOptions Volume

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Courses

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Take self-guided courses on Copper futures and options products.

If you're new to futures, the courses below can help you quickly understand the Copper market and start trading.

15 modules
Introduction to Base Metals
Launch course

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