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|This article describes a futures contract with a discrete termination or delivery date. View articles referencing this futures contract.|
COMEX Copper futures are delivered every year in January, February, March, April, May, June, July, August, September, October, November, and December (all months).
The following is a table with COMEX Copper futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.
|Delivery Month||Full Ticker Symbol||Thomson-Reuters Symbol|
One COMEX Copper futures contract on the COMEX division of the NYMEX is 25,000 pounds.
Price changes are registered in multiples of five one-hundredths of one cent (0.05¢ or $0.0005) per pound, equivalent to $12.50 per contract. A fluctuation of one cent (1¢ or $0.01) is equivalent to $250 per contract.
Trading terminates at the close of business on the third to last business day of the maturing delivery month.
Grade 1 electrolytic copper conforming to the specification B115 as to chemical and physical requirements, as adopted by the American Society for Testing and Materials, and of a brand approved and listed by the Exchange.