On this page
Contract specifications
- Contract symbol
- HGK9
- Product
- Copper (HG)
- Exchange
- COMEX
- Delivery month
- May 2029 (code K)
- Roll anchor
- April 26, 2029
- Official last trading day
- May 29, 2029
- Default rolls on
- April 22, 2029 (4 days before)
- Tick size
- 0.0005
- Tick value
- $12.50
- Point value
- $25,000.00
- Next delivery
- HGN9 (June 27, 2029)
The date that matters on HGK9
The first notice day of HGK9 is April 30, 2029, the last business day of the month preceding delivery. Senzoukria anchors its roll two business days earlier, on April 26, 2029.
This date is not the last trading day. A metal contract keeps quoting into its delivery month, but past the first notice day it is deliverable, liquidity collapses, and most brokers and prop firms liquidate what is left. Senzoukria therefore anchors its roll two business days before the first notice day and never offers a contract already in its delivery period.
HGK9 itself keeps quoting until its official last trading day, May 29, 2029, the third-to-last business day of its delivery month, but that session sits inside the delivery period and is not where the volume is.
Senzoukria stops offering HGK9 as the default contract on April 22, 2029, 4 calendar days before that roll anchor, and keeps it selectable with a badge. The date is computed from the exchange rule rather than stored. The engine counts Monday to Friday and holds no CME holiday table, so a date that falls next to a public holiday can be one day off the exchange calendar. Check the exchange calendar when the date sits close to a holiday.
When the volume actually leaves
Metal contracts stay quoted into their delivery month, but the volume leaves before the first notice day. The active month is rarely the one whose name matches the calendar, so checking the date rather than the month name is the habit that avoids trading a dying contract.
For HGK9 the next listed delivery is HGN9, whose roll anchor is June 27, 2029. That is the contract the volume moves into, just as it moved out of HGH9 on February 22, 2029.
What one tick is worth on HGK9
The minimum price fluctuation is 0.0005, which is $12.50 per contract on a multiplier of 25000. A full point is therefore $25,000.00. On a footprint chart one row is one tick, so the same vertical space holds a different number of rows depending on the product: a tick of 0.0005 sets how finely the bid and ask volume of HG can be read.
These are the values the app itself trades on, taken from its contract table rather than retyped, so the P&L shown on a HGK9 position and the rows of its footprint come from the same numbers.
Every HG delivery listed in 2029
HG lists 5 delivery months a year (H, K, N, U, Z). HGK9 is number 2 of 5 in 2029.
| Contract | Delivery | Roll anchor | Default rolls on |
|---|---|---|---|
| HGH9 | Mar 2029 | Feb 26, 2029 | Feb 22, 2029 |
| HGK9 (this page) | May 2029 | Apr 26, 2029 | Apr 22, 2029 |
| HGN9 | Jul 2029 | Jun 27, 2029 | Jun 23, 2029 |
| HGU9 | Sep 2029 | Aug 29, 2029 | Aug 25, 2029 |
| HGZ9 | Dec 2029 | Nov 28, 2029 | Nov 24, 2029 |
HGK9 and MHGK9 side by side
HG and MHG track the same underlying, but HG is 10 times the size of MHG: $12.50 a tick against $1.25. Both quote on the same 0.0005 tick. HGK9 and MHGK9 share the same roll anchor, April 26, 2029, so a position in either rolls on the same date.
The practical difference is position sizing rather than behaviour. MHG lets a 10-contract position carry the same exposure as one HG, which makes partial exits possible on a small account; HG carries the deeper book, so its footprint and its depth of market are the ones to read even when the position is held in MHG.
Related pages
- HG — Copper
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Continuous contract
- Back month contract
- MHG — Micro Copper
- HGN9
- HGH9
- HG 2029
- MHGK9
In the same section
This page in other languages
Frequently asked questions
- When does HGK9 stop being tradable in practice?
- The roll anchor of HGK9 is April 26, 2029. The first notice day is the last business day of the month preceding the delivery month; the official last trading day is the third-to-last business day of the delivery month itself. This date is not the last trading day. A metal contract keeps quoting into its delivery month, but past the first notice day it is deliverable, liquidity collapses, and most brokers and prop firms liquidate what is left. Senzoukria therefore anchors its roll two business days before the first notice day and never offers a contract already in its delivery period.
- When should I roll out of HGK9?
- The app switches its default to the next listed month on April 22, 2029, which is HGN9. In practice the volume moves before the calendar does, so compare the traded volume and open interest of the two months rather than waiting for the roll anchor.
- How much is one tick of HGK9 worth?
- One tick of 0.0005 is $12.50 per contract, and a full point is $25,000.00, on a multiplier of 25000.
- Does HGK9 really stop trading on April 26, 2029?
- No. HGK9 keeps quoting until May 29, 2029, the third-to-last business day of its delivery month. April 26, 2029 is the roll anchor Senzoukria uses, two business days before the first notice day, because past that point the contract is deliverable and the liquidity is gone.