Senzoukria · Futures contracts

MGCG8 last trading day: February 25, 2028

MGCG8 is the February 2028 delivery of Micro Gold on COMEX. Its official last trading day is February 25, 2028, but the app rolls its default on January 23, 2028, before the first notice day of January 31, 2028. One tick is 0.1, worth $1.00, on a multiplier of 10.

Updated September 2026First published 16 October 2026

On this page
  1. Contract specifications
  2. The date that matters on MGCG8
  3. When the volume actually leaves
  4. What one tick is worth on MGCG8
  5. Every MGC delivery listed in 2028
  6. MGCG8 and GCG8 side by side
  7. Related pages
  8. In the same section
  9. This page in other languages
  10. Frequently asked questions

Contract specifications

Contract symbol
MGCG8
Product
Micro Gold (MGC)
Exchange
COMEX
Delivery month
February 2028 (code G)
Roll anchor
January 27, 2028
Official last trading day
February 25, 2028
Default rolls on
January 23, 2028 (4 days before)
Tick size
0.1
Tick value
$1.00
Point value
$10.00
Next delivery
MGCJ8 (March 29, 2028)

The date that matters on MGCG8

The first notice day of MGCG8 is January 31, 2028, the last business day of the month preceding delivery. Senzoukria anchors its roll two business days earlier, on January 27, 2028.

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.

MGCG8 itself keeps quoting until its official last trading day, February 25, 2028, 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 MGCG8 as the default contract on January 23, 2028, 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 MGCG8 the next listed delivery is MGCJ8, whose roll anchor is March 29, 2028. That is the contract the volume moves into.

What one tick is worth on MGCG8

The minimum price fluctuation is 0.1, which is $1.00 per contract on a multiplier of 10. A full point is therefore $10.00. 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 0.1 sets how finely the bid and ask volume of MGC 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 MGCG8 position and the rows of its footprint come from the same numbers.

Every MGC delivery listed in 2028

MGC lists 6 delivery months a year (G, J, M, Q, V, Z). MGCG8 is number 1 of 6 in 2028.

MGC 2028: roll anchor and roll date of every listed delivery
ContractDeliveryRoll anchorDefault rolls on
MGCG8 (this page)Feb 2028Jan 27, 2028Jan 23, 2028
MGCJ8Apr 2028Mar 29, 2028Mar 25, 2028
MGCM8Jun 2028May 29, 2028May 25, 2028
MGCQ8Aug 2028Jul 27, 2028Jul 23, 2028
MGCV8Oct 2028Sep 27, 2028Sep 23, 2028
MGCZ8Dec 2028Nov 28, 2028Nov 24, 2028

MGCG8 and GCG8 side by side

MGC and GC track the same underlying, but GC is 10 times the size of MGC: $10.00 a tick against $1.00. Both quote on the same 0.1 tick. MGCG8 and GCG8 share the same roll anchor, January 27, 2028, so a position in either rolls on the same date.

The practical difference is position sizing rather than behaviour. MGC lets a 10-contract position carry the same exposure as one GC, which makes partial exits possible on a small account; GC carries the deeper book, so its footprint and its depth of market are the ones to read even when the position is held in MGC.

In the same section

This page in other languages

Frequently asked questions

When does MGCG8 stop being tradable in practice?
The roll anchor of MGCG8 is January 27, 2028. 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 MGCG8?
The app switches its default to the next listed month on January 23, 2028, which is MGCJ8. 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 MGCG8 worth?
One tick of 0.1 is $1.00 per contract, and a full point is $10.00, on a multiplier of 10.
Does MGCG8 really stop trading on January 27, 2028?
No. MGCG8 keeps quoting until February 25, 2028, the third-to-last business day of its delivery month. January 27, 2028 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.
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