Senzoukria · Futures contracts

MGCV7 last trading day: October 27, 2027

MGCV7 is the October 2027 delivery of Micro Gold on COMEX. Its official last trading day is October 27, 2027, but the app rolls its default on September 24, 2027, before the first notice day of September 30, 2027. 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 MGCV7
  3. When the volume actually leaves
  4. What one tick is worth on MGCV7
  5. Every MGC delivery listed in 2027
  6. MGCV7 and GCV7 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
MGCV7
Product
Micro Gold (MGC)
Exchange
COMEX
Delivery month
October 2027 (code V)
Roll anchor
September 28, 2027
Official last trading day
October 27, 2027
Default rolls on
September 24, 2027 (4 days before)
Tick size
0.1
Tick value
$1.00
Point value
$10.00
Next delivery
MGCZ7 (November 26, 2027)

The date that matters on MGCV7

The first notice day of MGCV7 is September 30, 2027, the last business day of the month preceding delivery. Senzoukria anchors its roll two business days earlier, on September 28, 2027.

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.

MGCV7 itself keeps quoting until its official last trading day, October 27, 2027, 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 MGCV7 as the default contract on September 24, 2027, 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 MGCV7 the next listed delivery is MGCZ7, whose roll anchor is November 26, 2027. That is the contract the volume moves into, just as it moved out of MGCQ7 on July 24, 2027.

What one tick is worth on MGCV7

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 MGCV7 position and the rows of its footprint come from the same numbers.

Every MGC delivery listed in 2027

MGC lists 6 delivery months a year (G, J, M, Q, V, Z). MGCV7 is number 5 of 6 in 2027.

MGC 2027: roll anchor and roll date of every listed delivery
ContractDeliveryRoll anchorDefault rolls on
MGCG7Feb 2027Jan 27, 2027Jan 23, 2027
MGCJ7Apr 2027Mar 29, 2027Mar 25, 2027
MGCM7Jun 2027May 27, 2027May 23, 2027
MGCQ7Aug 2027Jul 28, 2027Jul 24, 2027
MGCV7 (this page)Oct 2027Sep 28, 2027Sep 24, 2027
MGCZ7Dec 2027Nov 26, 2027Nov 22, 2027

MGCV7 and GCV7 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. MGCV7 and GCV7 share the same roll anchor, September 28, 2027, 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 MGCV7 stop being tradable in practice?
The roll anchor of MGCV7 is September 28, 2027. 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 MGCV7?
The app switches its default to the next listed month on September 24, 2027, which is MGCZ7. 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 MGCV7 worth?
One tick of 0.1 is $1.00 per contract, and a full point is $10.00, on a multiplier of 10.
Does MGCV7 really stop trading on September 28, 2027?
No. MGCV7 keeps quoting until October 27, 2027, the third-to-last business day of its delivery month. September 28, 2027 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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