| Opening Date |
8/19/2007 |
| Ticker Symbol |
EMD (Calls and Puts)
ME= Clearing
View product and vendor codes |
| Contract Size |
One E-mini S&P MidCap 400 futures contract |
| Strike Price Interval |
Deferred month: 5-point intervals. Once the contract becomes the second nearest contract, 2.5-point intervals will be available |
| Tick Size (minimum fluctuation) |
OUTRIGHT
0.05=$5.00
|
Trading Hours
All time listed are Central Time |
CME Globex
MON-THURS: 5:00 p.m.-3:15 p.m. & 3:30 p.m.-4:30 p.m.
(Daily maintenance shutdown 4:30 p.m.-5:00 p.m.)
SUN: 5:00 p.m.-3:15 p.m.
|
| Contract Months |
Four months in the March Quarterly Cycle (Mar, Jun, Sep, Dec)
Two Serial Months (i.e., Jan, Feb, Apr) |
Last Trade Date/Time
View Calendar |
CME Globex
QUARTERLY: 8:30 a.m. / 3rd Friday of the contract month
SERIAL: 3:15 p.m. / 3rd Friday of the contract month
|
| Strike Listing |
CME Globex (Electronic Platform)
All strike intervals
|
| Exercise Procedure |
American Style. |
| Expiration Date |
An option can be exercised until 7:00 p.m. on any business day the option is traded. Unexercised in-the-money options will be automatically exercised at 7:00 p.m. on the day of determination of the Final Settlement Price. |
| Settlement at Expiration |
Option exercise results in a position in the underlying cash-settled Futures contract. Options which are in-the-money on the last day of trading are automatically exercised. QUARTERLY OPTIONS are exercised into expiring cash-settled futures, which settle to the SOQ calculated the morning of the 3rd Friday of the contract month. SERIALS are exercised into underlying cash-settled futures at their closing price on 3:15 p.m. on the 3rd Friday of the contract month |
| Daily Price Limits |
RTH: Successive 10%, 20%, 30% limits (downside only)
ETH (overnight): 5% up or down
View price limits details. |
| Position Limits |
Work in conjunction with existing S&P MidCap 400 futures & options limits |
| Block Trade Eligibility |
No. View more on block-trade eligibile contracts. |
| Block Minimum |
N/A |
| Rulebook Chapter |
362A |
| Exchange Rule |
These contracts are listed with, and subject to, the rules and regulations of CME. |
