??money-of-the-day?? and deflated by US GDP deflator, in Cents/lb, 1950 ?? September 2010 Source: GlobalFinancialData.com, IRESS, JPMorgan Commodity Research OPERATION OF THE COPPER MARKET The global trade in copper consists of Over-the-Counter (OTC) transactions in spot, forwards, and options and other derivatives, together with exchange-traded futures and options.