This market will resolve to "Yes" if the official CME settlement price for the Active Month of Copper futures on the final trading day of February 2026 is higher than the listed price. Otherwise, the market will resolve to "No".

For CME Copper (HG) futures contracts, the Active Month is the nearest of CME’s designated delivery-cycle months (March, May, July, September, and December) that is not the spot month. The Active Month becomes a non-active month effective on its First Position Date, at which point the next eligible contract month becomes the Active Month.

Only the Active Month's official settlement price published by CME Group will be considered. Intraday trades, highs, lows, bids, offers, midpoint values, or indicative prices do not count.

Note that the settlement price may differ from the last traded price. CME's methodology to determine the settlement price can vary by commodity and contract.

Only the final trading day of the specified month, on which CME publishes an official settlement price for the Active Month, will be considered. Days without settlement prices (weekends, holidays, or market closures) are ignored.

This market will resolve based on the settlement price as it appears on the CME settlement page at the time it is first published for that trading day, regardless of any later corrections or updates.

The resolution source for this market is the CME Group website — specifically, the daily "Settlement" price for the Active Month of Copper (HG) futures.