Contract Unit | 25,000 pounds | ||||
Minimum Price Fluctuation | 0.0005 per pound = $12.50 | ||||
Price Quotation | U.S. dollars and cents per pound | ||||
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) | ||||
Product Code | CME Globex: HXECME ClearPort: HXClearing: HX | ||||
Listed Contracts | Monthly contracts listed for 22 consecutive months | ||||
Termination Of Trading | Trading terminates at 12:00 Noon CT on the 4th last business days of the month prior to the contract month. If the 4th last business day occurs on a Friday or the day before a holiday, trading terminates on the prior business day. | ||||
Position Limits | COMEX 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 |
Copper futures are hedging tools that offer copper price mitigation opportunities to a range of market participants. They also provide global price discovery and opportunities for portfolio diversification, as well as:
Things to know about the contracts: