|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: H1E,H2E,H3E,H4E,H5ECME ClearPort: H1E,H2E,H3E,H4E,H5EClearing: H1E,H2E,H3E,H4E,H5E|
|Listed Contracts|| Weekly contracts listed for 4 consecutive weeks.
No weekly contract listed if it would expire the business day after the expiration of the monthly option.
|Termination Of Trading||Trading terminates on Friday of the contract week. If Friday is not a business day, trading terminates on the prior business day.|
|Position Limits||COMEX Position Limits|
|Exchange Rulebook||COMEX 1010|
|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|
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: