CME COMEX:HG Copper Futures [SERIES]



Copper Futures (CME COMEX: HG) : Product Code: CME Globex: HG. Contract Unit: 25,000 pounds. Price Quotation: U.S. dollars and cents per pound. Minimum Price Fluctuation: 0.0005 per pound = $12.50. Settlement Method: Deliverable. Grade And Quality: The contract (basis) grade for the Grade 1 copper contract shall be Grade 1 Electrolytic Copper Cathodes (full plate or cut) and shall conform to the specifications (as to chemical and physical requirements) for Grade 1 Electrolytic Copper Cathode as adopted by the American Society for Testing and Materials (B115-00), or its latest revision. 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). Termination Of Trading: Trading terminates at 12:00 Noon CT on the third last business day of the contract month. Listed Contracts: Monthly contracts listed for 24 consecutive months and any March, May, July, September, and December in the nearest 63 months.