Contract Specifications:HG,COMEX | Trading Unit: | 25,000 pounds | | Tick Size: | 0.05 ¢/lb. = $12.50 | | Quoted Units: | US $ per pound | | Initial Margin: | $7,763 Maint Margin: $5,750 | | Contract Months: | All 12 months. | | First Notice Day: | Last business day of month preceding contract month. | | Last Trading Day: | Third last business day of the month. | | Trading Hours: | Open outcry trading is conducted from 8:10 A.M. until 1:00 P.M.
Electronic: 3:15 P.M. on Mondays through Thursdays and concluding at 8:00 A.M. the following day. Sundays, the session begins at 7:00 P.M. All times are New York time.
| | Daily Limit: | $0.20 (20¢) per pound | |