On this page
Contract specifications
- Contract symbol
- HGU9
- Product
- Copper (HG)
- Exchange
- COMEX
- Delivery month
- September 2029 (code U)
- Roll anchor
- August 29, 2029
- Official last trading day
- September 26, 2029
- Default rolls on
- August 25, 2029 (4 days before)
- Tick size
- 0.0005
- Tick value
- $12.50
- Point value
- $25,000.00
- Next delivery
- HGZ9 (November 28, 2029)
The date that matters on HGU9
The first notice day of HGU9 is August 31, 2029, the last business day of the month preceding delivery. Senzoukria anchors its roll two business days earlier, on August 29, 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.
HGU9 itself keeps quoting until its official last trading day, September 26, 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 HGU9 as the default contract on August 25, 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 HGU9 the next listed delivery is HGZ9, whose roll anchor is November 28, 2029. That is the contract the volume moves into, just as it moved out of HGN9 on June 23, 2029.
What one tick is worth on HGU9
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 HGU9 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). HGU9 is number 4 of 5 in 2029.
| Contract | Delivery | Roll anchor | Default rolls on |
|---|---|---|---|
| HGH9 | Mar 2029 | Feb 26, 2029 | Feb 22, 2029 |
| HGK9 | May 2029 | Apr 26, 2029 | Apr 22, 2029 |
| HGN9 | Jul 2029 | Jun 27, 2029 | Jun 23, 2029 |
| HGU9 (this page) | Sep 2029 | Aug 29, 2029 | Aug 25, 2029 |
| HGZ9 | Dec 2029 | Nov 28, 2029 | Nov 24, 2029 |
HGU9 and MHGU9 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. HGU9 and MHGU9 share the same roll anchor, August 29, 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
- HGZ9
- HGN9
- HG 2029
- MHGU9
In the same section
This page in other languages
Frequently asked questions
- When does HGU9 stop being tradable in practice?
- The roll anchor of HGU9 is August 29, 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 HGU9?
- The app switches its default to the next listed month on August 25, 2029, which is HGZ9. 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 HGU9 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 HGU9 really stop trading on August 29, 2029?
- No. HGU9 keeps quoting until September 26, 2029, the third-to-last business day of its delivery month. August 29, 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.