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U.S. Index
E-mini S&P MidCap 400
Product Overview
Options on S&P MidCap 400 Index futures provide a way to:
- Use a smaller sized, all electronic contract to limit downside risk while maintaining exposure to the most idely followed indicator of performance in the mid-cap equity sector of the stock market
Things to know:
- The contract trades electronically around the clock, around the world, on the CME Globex platform
Get Real-Time Quotes
View free real-time quotes on a variety of electronically traded CME Group products
General News & Announcements for Equity
Euro-denom. E-mini S&P 500 Futures to Launch Oct. 27
Capitalize on compelling new spreading opportunities while gaining exposure to the euro and the U.S. large-cap benchmark in a single trade.
Fee Incentives & Intercommodity Spreads: S&P SmallCap & MidCap Products
- Fee Waivers on the S&P MidCap 400 and S&P SmallCap 600 contracts
- Tools to Transfer Russell 2000 Open Interest to S&P SmallCap 600 or S&P MidCap 400 Contracts:
- Coming May 19: New EMD-ER2 Intercommodity Spread Tool
- Available now: SMC-ER2 Intercommodity Spread Tool
Reduced Fees on Spread-Traded E-mini Options
Retroactive to May 1, 2008, CME Group has waived CME Globex fees on the following E-mini equity index options:
ELIGIBLE CONTRACTS (Must Be Traded As Part of a Spread)
American-Style
• E-mini S&P 500 options
• E-mini NASDAQ-100 options
• E-mini S&P MidCap 400 options
European-Style
• End-of-month (EOM) E-mini S&P 500 options
ELIGIBLE CONTRACTS (Must Be Traded As Part of a Spread)
American-Style
• E-mini S&P 500 options
• E-mini NASDAQ-100 options
• E-mini S&P MidCap 400 options
European-Style
• End-of-month (EOM) E-mini S&P 500 options
- Equity Index Products Research Center
- Equity Index Choices resource center
- EOM Options Fixing Price (ESF)
- Equity Fair Value Premiums
- Clearing & Trading Fees
- Performance Bonds/Margins
- Trading Hours
- Product & Vendor Codes
- Future Spreads on CME Globex
- Options Strategies on CME Globex
- CME Rulebook
- CBOT Rulebook
- Find-a-Broker
- Glossary
- Knowledge Center Home
- View Intra Day Block Trades
- Month-End FV Settlement Q&A
CME Product Market Data
Having issues with streaming quotes and want a static snapshot? Click here for our 10-minute delayed reports
| Trade Unit | One E-Mini S&P MidCap 400 Futures Contract, equal to $100 times the S&P MidCap 400 Index | ||||
| Settle Method | Cash Settled | ||||
| Point Size | 1 point = .10 index points = $10.00 | ||||
| Strike Price Interval | |||||
| Strike | Quarterly options: Options will be listed at 5 point increments, in a range 10 percent above and below the referencing index for all months; the nearest two quarterly months will also have 2.5 point strike listings in a range of 15 index points above and below the referencing index. Serial months will list the same strike prices as the quarterly options with the same underlying futures contract month. | ||||
| Limits/Price Banding | |||||
| Tick Size (Minimum Fluctuation) |
|
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| Trading Hours | Sun/Thurs 5:00pm -3:15pm & 3:15pm - 4:30pm Mon/Thurs 5:00 p.m.-8:15 a.m. & 3:30 p.m.-4:30 p.m.; Shutdown period from 4:30 p.m. to 5:00 p.m. nightly; Sun & Hol 5:00 p.m.-8:15 a.m. LTD: 8:30 am for quarterlies; 3:15 p.m. for serials | ||||
| Listed | |||||
| Product Codes | Clearing calls/puts=ME Ticker calls/puts=EMD | ||||
| Minimum Block Size | |||||
| Product Calendar | Four (4) consecutive March Quarterly Cycle Months and two (2) serial months. View current product listings |
General News & Announcements for Equity
Euro-denom. E-mini S&P 500 Futures to Launch Oct. 27
Capitalize on compelling new spreading opportunities while gaining exposure to the euro and the U.S. large-cap benchmark in a single trade.
Fee Incentives & Intercommodity Spreads: S&P SmallCap & MidCap Products
- Fee Waivers on the S&P MidCap 400 and S&P SmallCap 600 contracts
- Tools to Transfer Russell 2000 Open Interest to S&P SmallCap 600 or S&P MidCap 400 Contracts:
- Coming May 19: New EMD-ER2 Intercommodity Spread Tool
- Available now: SMC-ER2 Intercommodity Spread Tool
Reduced Fees on Spread-Traded E-mini Options
Retroactive to May 1, 2008, CME Group has waived CME Globex fees on the following E-mini equity index options:
ELIGIBLE CONTRACTS (Must Be Traded As Part of a Spread)
American-Style
• E-mini S&P 500 options
• E-mini NASDAQ-100 options
• E-mini S&P MidCap 400 options
European-Style
• End-of-month (EOM) E-mini S&P 500 options
ELIGIBLE CONTRACTS (Must Be Traded As Part of a Spread)
American-Style
• E-mini S&P 500 options
• E-mini NASDAQ-100 options
• E-mini S&P MidCap 400 options
European-Style
• End-of-month (EOM) E-mini S&P 500 options
- Equity Index Products Research Center
- Equity Index Choices resource center
- EOM Options Fixing Price (ESF)
- Equity Fair Value Premiums
- Clearing & Trading Fees
- Performance Bonds/Margins
- Trading Hours
- Product & Vendor Codes
- Future Spreads on CME Globex
- Options Strategies on CME Globex
- CME Rulebook
- CBOT Rulebook
- Find-a-Broker
- Glossary
- Knowledge Center Home
- View Intra Day Block Trades
- Month-End FV Settlement Q&A
Contracts Currently Eligible
to Trade and Recently Expired Contracts
| Contract Month | Product Code | First Trade Date | Last Trade Date | Settlement Date | |
| SEP08 | MEU08 | 09/24/2007 |  |
09/19/2008 | 09/19/2008 |
| OCT08 | MEV08 | 07/21/2008 | |
10/17/2008 | 10/17/2008 |
| NOV08 | MEX08 | 08/18/2008 | |
11/21/2008 | 11/21/2008 |
| DEC08 | MEZ08 | 12/24/2007 | |
12/19/2008 | 12/19/2008 |
| MAR09 | MEH09 | 03/24/2008 | |
03/20/2009 | 03/20/2009 |
| JUN09 | MEM09 | 06/23/2008 | |
06/19/2009 | 06/19/2009 |
Contracts Not Yet Eligible to Trade
| Contract Month | Product Code | First Trade Date | Last Trade Date> | Settlement Date | |
| SEP09 | MEU09 | 09/22/2008 | |
09/18/2009 | 09/18/2009 |
General News & Announcements for Equity
Euro-denom. E-mini S&P 500 Futures to Launch Oct. 27
Capitalize on compelling new spreading opportunities while gaining exposure to the euro and the U.S. large-cap benchmark in a single trade.
Fee Incentives & Intercommodity Spreads: S&P SmallCap & MidCap Products
- Fee Waivers on the S&P MidCap 400 and S&P SmallCap 600 contracts
- Tools to Transfer Russell 2000 Open Interest to S&P SmallCap 600 or S&P MidCap 400 Contracts:
- Coming May 19: New EMD-ER2 Intercommodity Spread Tool
- Available now: SMC-ER2 Intercommodity Spread Tool
Reduced Fees on Spread-Traded E-mini Options
Retroactive to May 1, 2008, CME Group has waived CME Globex fees on the following E-mini equity index options:
ELIGIBLE CONTRACTS (Must Be Traded As Part of a Spread)
American-Style
• E-mini S&P 500 options
• E-mini NASDAQ-100 options
• E-mini S&P MidCap 400 options
European-Style
• End-of-month (EOM) E-mini S&P 500 options
ELIGIBLE CONTRACTS (Must Be Traded As Part of a Spread)
American-Style
• E-mini S&P 500 options
• E-mini NASDAQ-100 options
• E-mini S&P MidCap 400 options
European-Style
• End-of-month (EOM) E-mini S&P 500 options
- Equity Index Products Research Center
- Equity Index Choices resource center
- EOM Options Fixing Price (ESF)
- Equity Fair Value Premiums
- Clearing & Trading Fees
- Performance Bonds/Margins
- Trading Hours
- Product & Vendor Codes
- Future Spreads on CME Globex
- Options Strategies on CME Globex
- CME Rulebook
- CBOT Rulebook
- Find-a-Broker
- Glossary
- Knowledge Center Home
- View Intra Day Block Trades
- Month-End FV Settlement Q&A
Product Education
Publications
Contract Related
- Equity Index Products Research Center
- Equity Index Choices resource center
- EOM Options Fixing Price (ESF)
- Equity Fair Value Premiums
- Clearing & Trading Fees
- Performance Bonds/Margins
- Trading Hours
- Product & Vendor Codes
- Future Spreads on CME Globex
- Options Strategies on CME Globex
- CME Rulebook
- CBOT Rulebook
- Find-a-Broker
- Glossary
- Knowledge Center Home
- View Intra Day Block Trades
- Month-End FV Settlement Q&A