Copper Options

COMEX Copper Options are a transparent and flexible tool for hedging and establishing price exposure. Benefit from global price discovery and robust liquidity by trading options on one of our flagship metals futures.

Features

Simple and efficient execution directly on competitive live market quotes on Globex
Peerless price information from real-time streaming option quotes
Dynamic quote responses to spread strategies via RFQs (Request for Quotes)
Affordable, transparent exchange fees with margin offset savings
Deep underlying futures liquidity

Key Benefits

Backed by the safety and security of CME Clearing
Available electronically via CME Globex and through block trades via CME ClearPort
Growing liquidity and transparent price discovery
Flexible market exposure at lower premiums

Independent Software Vendor (ISV) Codes

Product Name	CME Globex/Clearport	Bloomberg	Reuters	TT	CQG	Fidessa	SunGard	Exchange
Copper Futures	HG	HGA Comdty <GO>	0#1HG:	HG	CPE	HG	HG	COMEX
Copper Options	HXE/HX	HGA Comdty OMON <GO>	0#HG+	HXE	CPE	HX	HX	COMEX

Copper Options

View Quotes

Contract Unit	One COMEX Copper futures contract
Minimum Price Fluctuation	$0.0005 per pound
Price Quotation	U.S. Cents per pound. *Please note: Prices are disseminated in U.S. Dollars and Cents*
Trading Hours	Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Product Code	CME Globex: HXE CME ClearPort: HX Clearing: HX
Listed Contracts	Monthly contracts listed for 22 consecutive months.
Termination Of Trading	Trading terminates 4 business days prior to the end of the month preceding the option contract month at 1:00 p.m. (12:00 p.m. CT). If the expiration day falls on a Friday or immediately prior to an Exchange holiday, expiration will occur on the previous business day.
Position Limits	NYMEX Position Limits
Exchange Rulebook	COMEX 117
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Strike Price Listing Procedures	Strike Price Listing and Exercise Procedures Table
Exercise Style	American
Settlement Method	Deliverable
Underlying	Copper Futures

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CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.