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S&P 500 Futures Contract Specs

Opening Date 4/21/1982
Ticker Symbol SP
SP= Clearing
View product and vendor codes
Contract Size $250 x S&P 500 Index
Tick Size (minimum fluctuation) OUTRIGHT 0.10 index points=$25
CALENDAR SPREAD 0.05 index points=$12.50
Trading Hours
All time listed are Central Time
Open Outcry MON-FRI: 8:30 a.m.-3:15 p.m.
CME Globex (Electronic Platform) MON-FRI: 5:00 p.m. previous day – 4:15 p.m. CT, trading halt from 8:15 a.m. – 3:30 p.m.
Contract Months Open Outcry Eight months in the March Quarterly Cycle
(Mar, Jun, Sep, Dec) plus three additional Dec contracts
CME Globex One month in the March Quarterly Cycle (Mar, Jun, Sep, Dec)
Last Trade Date/Time
View Calendar
Open Outcry 3:15 p.m. on Thursday prior to 3rd Friday of the contract month
CME Globex On the rollover date (typcially eight days prior to last trade date for open outcry) when the lead month goes off the screen and the deferred month becomes the new lead month. View Rollover Dates
Settlement Procedure Daily S&P Settlement Procedure (PDF)
Final S&P Settlement Procedure (PDF)
Daily Price Limits View price limits details
Position Limits See: CME Rulebook Chapter 5 - POSITION LIMIT, POSITION ACCOUNTABILITY AND REPORTABLE LEVEL TABLE
Block Trade Eligibility No. View more on block-trade eligible contracts.
Block Minimum N/A
Rulebook Chapter 351
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.