CME COMEX: QC E-mini Copper Futures prices chart

E-mini Copper Futures (CME COMEX: QC) Contract Specifications

Product Code: CME Globex: QC, CME ClearPort: QC, Clearing: QC

Contract Unit: 12,500 pounds
Price Quotation: U.S. cents per pound
Minimum Price Fluctuation: $0.002 per pound
Settlement Method: Financially Settled

SETTLEMENT PRICES: Settlement prices for the E-mini Copper Futures may differ slightly from the "true" settlement price displayed on CME's Daily Bulletin. These slight variances in settlements are the result of rounding due to differences in the minimum tick sizes between the E-mini contracts and the full-sized contracts. Additionally, the settlement price displayed on the Daily Bulletin matches that of the full-sized contracts for purposes of marking-to-market, as the contracts are offsettable. Example: E-mini Copper contracts are traded in .002 increments and full-size Copper contracts in .0005 increments.

Listed Contracts: Trading is conducted during the same months as the full-sized Copper futures contract (HG), except the current month.

Floating Price: The floating price for each contract month is equal to the COMEX Copper Futures contract's settlement price for the corresponding contract month on the third last business day of the month prior to the named contract month.

Termination of Trading: Trading terminates on the third last business day of the month preceding the delivery month.

Trading Hours:
Sunday – Friday 6:00 p.m. – 5:00 p.m. (5:00 p.m. – 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)