On this page
Contract specifications
- Contract symbol
- HGU0
- Product
- Copper (HG)
- Exchange
- COMEX
- Delivery month
- September 2030 (code U)
- Roll anchor
- August 28, 2030
- Official last trading day
- September 26, 2030
- Default rolls on
- August 24, 2030 (4 days before)
- Tick size
- 0.0005
- Tick value
- $12.50
- Point value
- $25,000.00
- Next delivery
- HGZ0 (November 27, 2030)
The date that matters on HGU0
The first notice day of HGU0 is August 30, 2030, the last business day of the month preceding delivery. Senzoukria anchors its roll two business days earlier, on August 28, 2030.
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.
HGU0 itself keeps quoting until its official last trading day, September 26, 2030, 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 HGU0 as the default contract on August 24, 2030, 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 HGU0 the next listed delivery is HGZ0, whose roll anchor is November 27, 2030. That is the contract the volume moves into, just as it moved out of HGN0 on June 22, 2030.
What one tick is worth on HGU0
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 HGU0 position and the rows of its footprint come from the same numbers.
Every HG delivery listed in 2030
HG lists 5 delivery months a year (H, K, N, U, Z). HGU0 is number 4 of 5 in 2030.
| Contract | Delivery | Roll anchor | Default rolls on |
|---|---|---|---|
| HGH0 | Mar 2030 | Feb 26, 2030 | Feb 22, 2030 |
| HGK0 | May 2030 | Apr 26, 2030 | Apr 22, 2030 |
| HGN0 | Jul 2030 | Jun 26, 2030 | Jun 22, 2030 |
| HGU0 (this page) | Sep 2030 | Aug 28, 2030 | Aug 24, 2030 |
| HGZ0 | Dec 2030 | Nov 27, 2030 | Nov 23, 2030 |
HGU0 and MHGU0 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. HGU0 and MHGU0 share the same roll anchor, August 28, 2030, 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
- HGZ0
- HGN0
- HG 2030
- MHGU0
In the same section
This page in other languages
Frequently asked questions
- When does HGU0 stop being tradable in practice?
- The roll anchor of HGU0 is August 28, 2030. 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 HGU0?
- The app switches its default to the next listed month on August 24, 2030, which is HGZ0. 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 HGU0 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 HGU0 really stop trading on August 28, 2030?
- No. HGU0 keeps quoting until September 26, 2030, the third-to-last business day of its delivery month. August 28, 2030 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.