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. |
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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 | ||||
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: