Trading Hours: 9:25 a.m. to 2:00 p.m., New York time.

Trading Symbol: HG

Trading Unit : In fulfillment of every copper futures contract, the seller must deliver 25, 000 pounds (2 percent more or less) or Grade I electrolytic copper conforming to the specification B 1 15 (as to chemical and physical requirements) for Grade I electrolytic copper as adopted by the American Society for Testing and Materials, and of a brand approved and listed by COMEX.

Trading Months: Trading is conducted for delivery during the current calendar month, the next eleven consecutive calendar months, and any January, March, May, July, September and December thereafter falling within a 23-month period beginning with the current month.

Price Multiples: Price changes are registered in multiples of five one-hundredths of one cent ($.0005) per pound, equivalent to $ 12.50 per contract. A fluctuation of one cent ($.01 ) is, therefore, equivalent to $250 per contract.

Delivery: First Notice Day is the last business day of the month prior to the maturing delivery month.

Last Notice Day is the second last business day of the maturing delivery month.

Last Trading Day is the third last business day of the maturing delivery month.

(August 1993)