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E-mini Copper Futures Contract Specs

Product Symbol QC
Venue CME Globex
(All Times are New York Time/ET)
CME Globex: 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)
Contract Size 12,500 pounds
Price Quotation U.S. cents per pound
Minimum Fluctuation $0.002 per pound
Floating Price The floating price for each contract month is equal to the COMEX Copper Futures contract's settlement price for the corresponding contract month on the third last business day of the month prior to the named contract month.
Termination of Trading Trading terminates on the third last business day of the month preceding the delivery month.
Listed Contracts Trading is conducted during the same months as the full-sized Copper futures contract (HG), except the current month.
Settlement Type Financial
Settlement Procedure Daily E-Mini Copper Settlement Procedure (PDF)
Final E-Mini Copper Settlement Procedure (PDF)
Position Limits NYMEX Position Limits
Rulebook Chapter 913
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of COMEX.