MHGU7 last trading day: September 28, 2027

The date that matters on MHGU7

The first notice day of MHGU7 is August 31, 2027, the last business day of the month preceding delivery. Senzoukria anchors its roll two business days earlier, on August 27, 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.

MHGU7 itself keeps quoting until its official last trading day, September 28, 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 MHGU7 as the default contract on August 23, 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 MHGU7 the next listed delivery is MHGZ7, whose roll anchor is November 26, 2027. That is the contract the volume moves into, just as it moved out of MHGN7 on June 24, 2027.

What one tick is worth on MHGU7

The minimum price fluctuation is 0.0005, which is $1.25 per contract on a multiplier of 2500. A full point is therefore $2,500.00. 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 MHG 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 MHGU7 position and the rows of its footprint come from the same numbers.

Every MHG delivery listed in 2027

MHG lists 5 delivery months a year (H, K, N, U, Z). MHGU7 is number 4 of 5 in 2027.

MHGU7 and HGU7 side by side

MHG and HG 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. MHGU7 and HGU7 share the same roll anchor, August 27, 2027, 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.