Micro Gold Futures - Contract Specs
| Contract Unit | 10 troy ounces |
|---|---|
| Price Quotation | U.S. dollars and cents per troy ounce |
| Trading Hours | 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) |
| Minimum Price Fluctuation | 0.10 per troy ounce = $1.00 |
| Product Code | CME Globex: MGC CME ClearPort: MGC Clearing: MGC TAS: MGT |
| Listed Contracts | Monthly contracts listed for any Feb, Apr, Jun, Aug, Oct, and Dec in the nearest 24 months |
| Settlement Method | Deliverable |
| Termination of Trading | Trading terminates on the third last business day of the contract month. |
| Settlement Procedures | |
| Position Limits | |
| Exchange Rulebook | |
| Price Limit or Circuit | |
| Vendor Codes | |
| Delivery Period | Delivery may take place on any business day beginning on the first business day of the delivery month or any subsequent business day of the delivery month, but not later than the last business day of the current delivery month. |
| Grade and Quality | Gold delivered under this contract shall assay to a minimum of 995 fineness. |
