Senzoukria · Futures contracts

MHGZ7 last trading day: December 29, 2027

MHGZ7 is the December 2027 delivery of Micro Copper on COMEX. Its official last trading day is December 29, 2027, but the app rolls its default on November 22, 2027, before the first notice day of November 30, 2027. One tick is 0.0005, worth $1.25, on a multiplier of 2500.

Updated September 2026First published 16 October 2026

On this page
  1. Contract specifications
  2. The date that matters on MHGZ7
  3. When the volume actually leaves
  4. What one tick is worth on MHGZ7
  5. Every MHG delivery listed in 2027
  6. MHGZ7 and HGZ7 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
MHGZ7
Product
Micro Copper (MHG)
Exchange
COMEX
Delivery month
December 2027 (code Z)
Roll anchor
November 26, 2027
Official last trading day
December 29, 2027
Default rolls on
November 22, 2027 (4 days before)
Tick size
0.0005
Tick value
$1.25
Point value
$2,500.00
Next delivery
first 2028 contract

The date that matters on MHGZ7

The first notice day of MHGZ7 is November 30, 2027, the last business day of the month preceding delivery. Senzoukria anchors its roll two business days earlier, on November 26, 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.

MHGZ7 itself keeps quoting until its official last trading day, December 29, 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 MHGZ7 as the default contract on November 22, 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.

MHGZ7 is the last 2027 delivery listed for MHG, so the volume moves into the first 2028 contract.

What one tick is worth on MHGZ7

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 MHGZ7 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). MHGZ7 is number 5 of 5 in 2027.

MHG 2027: roll anchor and roll date of every listed delivery
ContractDeliveryRoll anchorDefault rolls on
MHGH7Mar 2027Feb 24, 2027Feb 20, 2027
MHGK7May 2027Apr 28, 2027Apr 24, 2027
MHGN7Jul 2027Jun 28, 2027Jun 24, 2027
MHGU7Sep 2027Aug 27, 2027Aug 23, 2027
MHGZ7 (this page)Dec 2027Nov 26, 2027Nov 22, 2027

MHGZ7 and HGZ7 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. MHGZ7 and HGZ7 share the same roll anchor, November 26, 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.

In the same section

This page in other languages

Frequently asked questions

When does MHGZ7 stop being tradable in practice?
The roll anchor of MHGZ7 is November 26, 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 MHGZ7?
The app switches its default to the next listed month on November 22, 2027. 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 MHGZ7 worth?
One tick of 0.0005 is $1.25 per contract, and a full point is $2,500.00, on a multiplier of 2500.
Does MHGZ7 really stop trading on November 26, 2027?
No. MHGZ7 keeps quoting until December 29, 2027, the third-to-last business day of its delivery month. November 26, 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.
NEXT

Keep reading