Contract Unit
|
25 metric tons |
Price Quotation
|
U.S. dollars and cents per metric ton |
Trading Hours
|
Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET) |
Minimum Price Fluctuation
|
0.25 per metric ton = $6.25
|
Product Code
|
CME Globex: CUPCME ClearPort: CUPClearing: CUP
|
Listed Contracts
|
Monthly contracts listed for 18 consecutive months.
|
Settlement Method
|
Financially Settled |
Floating Price
|
The Floating Price for each contract month shall be equal to the arithmetic average calculated to two decimal places of each available daily midpoint of the Copper Grade A cathode, cif Shanghai, $/tonne for that given calendar month published by Fastmarkets MB. |
Termination Of Trading
|
Trading terminates on the last business day of the contract month
|
Position Limits
|
COMEX Position Limits |
Exchange Rulebook
|
COMEX 972 |
Block Minimum
|
Block Minimum Thresholds |
Vendor Codes
|
Quote Vendor Symbols Listing |