Copper Financial Futures - Contract Specs
| Contract Unit | 25,000 pounds |
|---|---|
| Price Quotation | U.S. dollars and cents per pound |
| Trading Hours | CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 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 |
| Minimum Price Fluctuation | 0.0001 per pound = $2.50 |
| Product Code | CME Globex: HGS CME ClearPort: HGS Clearing: HGS |
| Listed Contracts | Monthly contracts listed for 23 consecutive months and any Mar, May, Jul, Sep and Dec for 60 months. |
| Settlement Method | Financially Settled |
| Floating Price | The Floating Price for each contract month is equal to the arithmetic average of the COMEX Copper Futures nearest to Termination for each business day that it is determined during the contract month rounded to the nearest $0.0001 per pound. |
| Termination of Trading | Trading terminates on the last business day of the contract month. |
| Settlement Procedures | |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes |
