COMMODITY CONTRACTS
Code
NCP
Last
X
Volume
X
Change
X
Last Updated:
6 SEP 2024 13:09:35 PM WIB
Nano Copper Derivatives Contracts
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.
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)
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
Download Contract
Product
Nano Copper Derivatives Contracts
Commodity Code
NCP
Primary/Associated
Primary
Associated With
Primary
Level 1
9%
Level 2
13%
Level 3
20%
Education
3 Minutes
Commodities trading offers various methods, from direct futures contracts to indirect options like ETFs and mutual funds. Forward contracts fix future prices, helping manage risk, while repurchase agreements provide short-term funding. Indirect trading options include investing in commodity-based ETFs, mutual funds, or shares in related companies, offering diverse exposure and risk levels. Understanding these approaches is key for effective commodity market participation.
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