COMMODITY CONTRACTS

Nano Copper Derivatives Contracts

Code

NCP

Last

X

Volume

X

Change

X

Download Contract Specifications

Last Updated:

6 SEP 2024 13:09:35 PM WIB

Nano Copper Derivatives Contracts

Product Overview

The Nano Copper Derivatives Contract (basis) for the Grade 1 Copper shall be Grade 1 Electrolytic Copper Cathodes (full plate or cut) and shall conform to the specifications (as to chemical and physical requirements) for Grade 1 Electrolytic Copper Cathode as adopted by the American Society for Testing and Materials (B115-00), or its latest revision.

Contract Specifications

Product Code:
NCP

Contract Size:
1000 pounds

Margin:
5%

Tick Size:
0.0005 per pounds = $0.50

Trading Hours
Monday – Saturday 7:00 a.m. - 6:00 a.m. (6:00 a.m. – 5.00a.m. DST) with a 60-minute break each beginning day at 6:00 a.m. (5:00 DST)

Applicable Position Limits and Reportable Position Levels

Instrument Name

Nano Copper Derivatives Contracts

Symbol

NCP

Contract Size

1000 pounds

Margin

5%

Tick Size

0.0005 per pounds = $0.50

Trading Hours (GMT+7)  

Monday – Saturday 7:00 a.m. - 6:00 a.m. (6:00 a.m. – 5.00a.m. DST) with a 60-minute break each beginning day at 6:00 a.m. (5:00 DST)

Listed Contracts

Monthly contracts listed for 6 consecutive months.

Reporting Level

250

Position Limit

2,500

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Pertinent Special Price Fluctuation Limits

Product

Nano Copper Derivatives Contracts

Commodity Code

NCP

Primary/Associated

Primary

Associated With

Primary

Level 1

9%

Level 2

13%

Level 3

20%

Education

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