E mini Copper
E mini Copper Meaning:
In commodity market terminology, E-mini Copper refers to smaller futures contracts on copper of half the normal New York COMEX size of 25,000 pounds. The futures are traded on the GLOBEX and ClearPort electronic trading platforms of the Chicago Mercantile Exchange.
In commodity market terminology, E-mini Copper refers to smaller futures contracts on copper of half the normal New York COMEX size of 25,000 pounds. The futures are traded on the GLOBEX and ClearPort electronic trading platforms of the Chicago Mercantile Exchange.
E-mini Copper futures contracts are quoted in U.S. Dollars and cents, and the minimum fluctuation is $25.00. Futures contracts are traded in every month. The last trading day is the third last business day of the month preceding the delivery month and settlement for the futures is financial. The futures are listed with and subject to the same regulations as full futures contracts on the COMEX. The symbol for the E-mini Copper contract is QC.