Copper futures

Copper futures

Symbol

Contract Size

Underlying Asset

DCU

5 MT

DGCX Copper Futures

Price Quote

Minimum Tick Size

Daily Price Movement Limit

Final Cash Settlement Price Basis

Quality Specification

Trading Months

Trading Days

Trading Hours

Last Trading Day

New Contract Listing

EFP / EFS/Block Trades

Time Limit for EFP/EFS/Block Trade Registration

US$ per MT

US$ 0.50 per MT (US$ 2.50 per contract)

No Limit - Note 1*

The front month settlement price for Copper futures as made public by COMEX for the Last Day of Trading of the DGCX front month contract, converted using conversion factor of 2,204.623 to MT and rounded to the nearest DCU tick.

Grade 1Electrolytic Copper Cathodes (full plate or cut) conforming to the American Society for Testing and Materials (B115-00), or its latest revision.

March, May, July, September, December. Minimum five (5) Contracts shall be listed for trading at all time

Monday through Friday

07.00 – 23.30 hrs

Third last Business Day preceding the Delivery Month

Business Day immediately following the Last Day of Trading

As per DGCX By-Laws
Minimum Block size permitted is 200 contracts

Up to 15 minutes after cessation of trading on any Trading Day.

Max Open Position Limit

Max Order Size

As determined by the Exchange from time to time

200 contracts

Initial Margin based on SPAN

Click on the "Initial Margin" TAB