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Emini Copper Futures Contract

½ the size of the Copper futures contract, the mini contract is a cash settled futures contract on one of the most widely traded base metals. As the third-most used metal, it is prevalent in construction, circuitry, consumer and industrial products. The production and use of copper has been steadily growing for nearly 10,000 years. As a relatively low-cost, malleable, optimal conductor of heat and electricity, copper is seen as an important indicator of the health of the global manufacturing sector and the world economy.

Contract Unit

12,500 pounds

Futures Contract
Symbol

 

CME Globex: QC

Trading Hours 

CME Globex: Sunday – Friday 5:00 p.m. – 4:00 p.m. Chicago/Central Time (CT).

Minimum Price
Fluctuation

0.002 per pound = $25.00

Contract Months

All 12 months

Settlement Method

Cash settled

Price Limit / Circuit

Source: CME Group

The above information was derived from sources believed to be reliable and accurate. It is provided without guarantees and is subject change without notice.

Since 2001, Insignia Futures & Options has been providing commodity futures brokerage services to investors from all over the world.

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