E-mini S&P Select Sector Futures

Nine Select Sectors. Infinite Possibilities.

Discover a liquid, cost-effective and capital-efficient way to manage portfolio sector exposure or implement directional views and sector rotation strategies: CME Group’s E-mini S&P Select Sector Futures

CME Group's E-mini Select Sector Futures offer the ability to not only access the nine individual S&P Select Sectors around-the-clock via CME Globex but also trade the same underlying S&P indices that the most popular sector ETFs track.

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Select Sector Benefits

Select Sector trading benefits include:

  • Capital efficiency:
    • 4.5% average initial margin, 20x leverage
    • 75% margin offset with S&P 500 Futures
    • Section 1256 Contracts with 60/40 US tax treatment
  • Flexible execution methods – Central limit order book via CME Globex, Block Trades, Basis Trade at Index Close (BTIC) Block Trades and Exchange for Physical (EFP) trades
  • Low cost, low tracking error, zero management fees and actionable SOQ settlement at expiration
  • Spreading opportunities – sector index vs. components, sector vs. sector and sector vs. broad-based
  • Additional product applications, including sector rotation, portfolio overlays and cash equitization

E-mini S&P Select Sector Futures Product Slate

Clearing Globex Floor ClearPort Product Name Product Group Sub Group Category Sub-Category Cleared As Exchange Volume Open Interest
XAKXAK-XAKE-mini Technology Select Sector FuturesEquitiesSelect Sector Index--FuturesCME183,914
XAVXAV-XAVE-mini Health Care Select Sector FuturesEquitiesSelect Sector Index--FuturesCME1893,842
XAUXAU-XAUE-mini Utilities Select Sector FuturesEquitiesSelect Sector Index--FuturesCME1,1442,941
XAPXAP-XAPE-mini Consumer Staples Select Sector FuturesEquitiesSelect Sector Index--FuturesCME172,866
XAFXAF-XAFE-mini Financial Select Sector FuturesEquitiesSelect Sector Index--FuturesCME2012,560
XAYXAY-XAYE-mini Consumer Discretionary Select Sector FuturesEquitiesSelect Sector Index--FuturesCME2782,155
XAEXAE-XAEE-mini Energy Select Sector FuturesEquitiesSelect Sector Index--FuturesCME1111,647
XABXAB-XABE-mini Materials Select Sector FuturesEquitiesSelect Sector Index--FuturesCME2121,071
XAIXAI-XAIE-mini Industrial Select Sector FuturesEquitiesSelect Sector Index--FuturesCME64930

Market Data and Charts are delayed at least 10 minutes


Flexible Execution, Greater Liquidity Access

Block Trades are privately negotiated futures, options or combination transactions that are permitted to be executed apart from the auction market.

About Block Trades

EFPs

Exchange for Physical (EFP) block trades allow market participants to sell stock and buy it back for future delivery by buying a Single Stock Future (SSF), or by buying the stock and selling the SSF.

About EFPs

Generally acceptable related position instruments

BTIC Block Trades

Basis Trade at Index Close (BTIC) block trades enable market participants to execute a transaction as a basis trade relative to the official close for the underlying S&P Select Sector Index.

Basis Trade at Index Close (BTIC) Overview

BTIC Block Provider Contacts


Contacts

NORTH AMERICA
Richard Co
+1 312 930 3227
richard.co@cmegroup.com

Tom Boggs
+1 312 930 3038
thomas.boggs@cmegroup.com


Tim McCourt
+1 212 299 2415
tim.mccourt@cmegroup.com

Giovanni Vicioso
+1 212 299 2163
giovanni.vicioso@cmegroup.com

EUROPE
Matthew Tagliani
+44 20 3379 3741
matthew.tagliani@cmegroup.com