Asset Class Navigation

E-mini S&P 500 Futures Contract Specs

Contract Unit $50 x S&P 500 Index
Trading Hours MON – FRI: 5:00 p.m. previous day – 4:15 p.m.; trading halt from 3:15 p.m. – 3:30 p.m.
Minimum Price Fluctuation OUTRIGHT 0.25 index points=$12.50
CALENDAR SPREAD 0.05 index points=$2.50
Product Code CME Globex: ES
CME ClearPort: ES
Clearing: ES
Listed Contracts Five months in the March Quarterly Cycle (Mar, Jun, Sep, Dec)
Settlement Method Financially Settled
Termination Of Trading Trading can occur up to 8:30 a.m. on the 3rd Friday of the contract month
Settlement Procedures E-mini S&P 500 Settlement Procedures
Position Limits CME Position Limits
Exchange Rulebook CME 358
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing

About E-mini S&P 500

An electronically traded futures contract one fifth the size of standard S&P futures, E-mini S&P 500 futures and options are based on the underlying Standard & Poor’s 500 stock index. Made up of 500 individual stocks representing the market capitalizations of large companies, the S&P 500 Index is a leading indicator of large-cap U.S. equities.