E-mini S&P Select Sector Futures

E-mini S&P Select Sector Futures

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Discover a liquid, cost-effective and capital-efficient way to manage portfolio sector exposure or implement directional views and sector rotation strategies: CME’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.

Select Sector Benefits

  • 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 Products

Product Code Contract Last Change Chart Open High Low Globex Vol
E-mini Technology Select Sector Futures XAKM5 JUN 2015 435.90 a -0.30 Show Price Chart 436.40 437.10 435.70 472
E-mini Health Care Select Sector Futures XAVM5 JUN 2015 750.80 b -2.10 Show Price Chart 751.30 754.30 b 750.20 141
E-mini Utilities Select Sector Futures XAUM5 JUN 2015 447.40 b -0.40 Show Price Chart 446.50 448.50 444.70 241
E-mini Consumer Staples Select Sector Futures XAPM5 JUN 2015 492.90 b -1.90 Show Price Chart 494.20 494.20 492.80 19
E-mini Financial Select Sector Futures XAFM5 JUN 2015 247.45 a -0.15 Show Price Chart 247.05 248.05 b 247.05 50
E-mini Consumer Discretionary Select Sector Futures XAYM5 JUN 2015 771.70 a -1.00 Show Price Chart 773.30 774.60 b 770.70 530
E-mini Energy Select Sector Futures XAEM5 JUN 2015 800.40 a -2.90 Show Price Chart 796.70 804.10 796.60 206
E-mini Materials Select Sector Futures XABM5 JUN 2015 539.80 a -0.90 Show Price Chart 539.50 540.80 b 539.00 a 32
E-mini Industrial Select Sector Futures XAIM5 JUN 2015 567.30 a -2.60 Show Price Chart 569.40 570.00 b 567.40 11

Flexible Execution, Greater Liquidity Access

Block Trades

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

About Block Trades

Block and BTIC Liquidity Providers

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

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