Copper (HG) Futures Contract Specifications

Metals

Copper Futures (HG) are the benchmark for copper pricing worldwide. Copper is essential for industrial applications, construction, and electronics, making it a key indicator of global economic health.

Contract Specifications

Detailed specifications for trading this futures contract

Contract Size

25,000 pounds

Tick Size

0.0005 per pound ($0.0005)

Tick Value

$12.50 per tick

Point Value

$25.00 per point ($0.01 per pound)

Trading Hours

Sunday to Friday, 5:00 PM to 4:00 PM CT (with a 1-hour daily trading halt from 4:00 PM to 5:00 PM CT)

Platform Symbol

Margins

Check with your broker for the latest margin rates and details

Why Trade Copper (HG) Futures?

Key benefits and characteristics of this futures contract

Global economic indicator

High liquidity and volatility

Industrial demand driver

Extended trading hours

Portfolio diversification

Strong trending characteristics

Position Sizing for Copper (HG) Futures

Example calculation for proper position sizing based on risk tolerance

For Copper (HG):

Tick Size: 0.0005 per pound ($0.0005)

Tick Value: $12.50 per tick

Point Value: $25.00 per point ($0.01 per pound)

If you want to risk $500 with a 20-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 20 × 25.00 ($0.01 per pound) = $ 500

Maximum Contracts = Risk Amount ÷ Risk per Contract = $ 500 ÷ $ 500 = 1 contract