Customer Service
info@cmegroup.com
800-331-3332
U.S. Index
E-mini S&P 500
Product Overview
E-mini S&P 500
E-mini S&P 500 futures provide a way to efficiently gain exposure to the key benchmark for large-cap U.S. stocks and arguably the most liquid stock index futures contract in the world. This all-electronic contract also enables you to:
- Benefit from lower trading costs compared to trading individual stocks or Exchange-Traded Funds (ETFs)
- Use a financial tool that accommodates a range of strategies, different market environments and varied objectives
- Together with other CME Group equity products, effectively replicate all your global equity exposure on a single platform More
|
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 | $50 times the Standard & Poor's 500 Stock Index | ||||
| Settle Method | Cash Settled | ||||
| Point Size | 1 point = .01 index points =$.50 | ||||
| Strike Price Interval | Cents per pound at intervals of $0.02, e.g. $0.60, $0.62 | ||||
| Strike | |||||
| Limits/Price Banding | Successive 10%, 20%, and 30% price limits based on the average daily close of the cash index in the last month of the preceding quarter. Price limits are effective only for limit moves below the previous day's close. | ||||
| Tick Size (Minimum Fluctuation) |
|
||||
| Trading Hours | Mon/Thurs 5:00 p.m.-3:15 p.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.-3:15 p.m. LTD: 8:30 am | ||||
| Listed | The percentage price limit is calculated at the beginning of each calendar quarter. Limit is based on 5% of index value. | ||||
| Product Codes | Clearing=ES Ticker=ES AON=EG (250 Threshold) | ||||
| Minimum Block Size | |||||
| Product Calendar | Five months in the March Quarterly Cycle. < 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 | ESU08 | 06/25/2007 |  |
09/19/2008 | 09/19/2008 |
| DEC08 | ESZ08 | 09/21/2007 | |
12/19/2008 | 12/19/2008 |
| MAR09 | ESH09 | 12/21/2007 | |
03/20/2009 | 03/20/2009 |
| JUN09 | ESM09 | 03/20/2008 | |
06/19/2009 | 06/19/2009 |
| SEP09 | ESU09 | 06/20/2008 | |
09/18/2009 | 09/18/2009 |
Contracts Not Yet Eligible to Trade
| Contract Month | Product Code | First Trade Date | Last Trade Date> | Settlement Date | |
| DEC09 | ESZ09 | 09/19/2008 | |
12/18/2009 | 12/18/2009 |
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