Micro Copper Futures (MHG) | Contract Overview

What is a Micro Copper Futures Contract?

Micro Copper futures (Ticker: MHG) are standardized contracts traded on the CME that give traders direct exposure to the Copper market. Each HG contract represents 2,500 pounds of copper, with a minimum tick of $0.005 per pound ($1.25 per tick). These highly liquid contracts are suitable for both intraday trading and longer-term strategies, allowing leveraged participation in Copper price movements without physically holding the metal, while requiring adherence to margin requirements.

Micro Copper Futures Contract Specifications

Product:

Micro Copper

Futures Contract Symbol:

MHG

Exchange:

CME

Contract Size:

2,500 pounds

Trading Hours:

Sunday–Friday: 5:00 PM – 4:00 PM CT (Daily break: 4:00 PM – 5:00 PM CT)

Minimum Price Fluctuation:

0.005 per pound = $1.250

Contract Months:

Monthly contracts listed for 26 consecutive months and any Jul and Dec in the nearest 60 months.

Settlement Method:

Deliverable

Exchange Fees:

Margin Requirements for Micro Copper Futures

Holding Period:

Day Trading Margins

Overnight Margins

Margins:
$500
$1,320

Other contracts can be found on our margins page.

Source: CME

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

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