On this page
Contract specifications
- Contract symbol
- MGCJ0
- Product
- Micro Gold (MGC)
- Exchange
- COMEX
- Delivery month
- April 2030 (code J)
- Roll anchor
- March 27, 2030
- Official last trading day
- April 26, 2030
- Default rolls on
- March 23, 2030 (4 days before)
- Tick size
- 0.1
- Tick value
- $1.00
- Point value
- $10.00
- Next delivery
- MGCM0 (May 29, 2030)
The date that matters on MGCJ0
The first notice day of MGCJ0 is March 29, 2030, the last business day of the month preceding delivery. Senzoukria anchors its roll two business days earlier, on March 27, 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.
MGCJ0 itself keeps quoting until its official last trading day, April 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 MGCJ0 as the default contract on March 23, 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 MGCJ0 the next listed delivery is MGCM0, whose roll anchor is May 29, 2030. That is the contract the volume moves into, just as it moved out of MGCG0 on January 25, 2030.
What one tick is worth on MGCJ0
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 MGCJ0 position and the rows of its footprint come from the same numbers.
Every MGC delivery listed in 2030
MGC lists 6 delivery months a year (G, J, M, Q, V, Z). MGCJ0 is number 2 of 6 in 2030.
| Contract | Delivery | Roll anchor | Default rolls on |
|---|---|---|---|
| MGCG0 | Feb 2030 | Jan 29, 2030 | Jan 25, 2030 |
| MGCJ0 (this page) | Apr 2030 | Mar 27, 2030 | Mar 23, 2030 |
| MGCM0 | Jun 2030 | May 29, 2030 | May 25, 2030 |
| MGCQ0 | Aug 2030 | Jul 29, 2030 | Jul 25, 2030 |
| MGCV0 | Oct 2030 | Sep 26, 2030 | Sep 22, 2030 |
| MGCZ0 | Dec 2030 | Nov 27, 2030 | Nov 23, 2030 |
MGCJ0 and GCJ0 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. MGCJ0 and GCJ0 share the same roll anchor, March 27, 2030, 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.
Related pages
- MGC — Micro Gold
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Continuous contract
- Back month contract
- GC — Gold
- Micro contracts
- MGCM0
- MGCG0
- MGC 2030
- GCJ0
In the same section
This page in other languages
Frequently asked questions
- When does MGCJ0 stop being tradable in practice?
- The roll anchor of MGCJ0 is March 27, 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 MGCJ0?
- The app switches its default to the next listed month on March 23, 2030, which is MGCM0. 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 MGCJ0 worth?
- One tick of 0.1 is $1.00 per contract, and a full point is $10.00, on a multiplier of 10.
- Does MGCJ0 really stop trading on March 27, 2030?
- No. MGCJ0 keeps quoting until April 26, 2030, the third-to-last business day of its delivery month. March 27, 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.