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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. - 5:15 p.m. New York time/ET (5:00 p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Open Outcry: Monday – Friday 8:10AM – 1:00PM (7:10AM – 12:00PM CT)
CME ClearPort: Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Minimum Price Fluctuation $0.0001 per pound
Product Code CME Globex: HGS
CME ClearPort: HGS
Open Outcry: HGS
Clearing: HGS
Listed Contracts 23 consecutive months for which a COMEX Copper Futures Contract is listed
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 (follows the US banking holiday schedule).
Position Limits NYMEX Position Limits
Exchange Rulebook COMEX 1190
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing