CME Metro Area Housing Index Contract Specs

Contract Unit $250 times the S&P/Case-Shiller Metro Area Home Price Indices
Price Quotation 1 point =$250.00
Trading Hours Monday – Friday 8:15 a.m. – 3:00 p.m. CT
Minimum Price Fluctuation Regular0.2=$50.00 Calendar Spread0.2=$50.00
Product Code CUS=Composite Index BOS=Boston CHI=Chicago DEN=Denver LAV-Las Vegas LAX=Los Angeles MIA=Miami NYM=New York SDG=San Diego SFR=San Francisco WDC=Washington, DC
Listed Contracts CME Globex
Settlement Method Financially Settled
Settlement Procedures S&P Case-Shiller Home Price Index Futures Settlement Procedures
Position Limits CME Position Limits
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing

About Real Estate

The CME Group real estate marketplace covers both U.S. residential and commercial properties. These products can be used by a broad range of market participants, from property owners and manufacturers to hedge funds and investors.