If you are looking to add or manage exposure to large-cap companies in the U.S. stock market, consider E-mini S&P 500 futures, ticker symbol ES.
ES futures provide one of the most efficient, liquid and cost-effective ways to gain market exposure to the S&P 500 Index. A broad-based, capitalization-weighted index, the S&P 500 tracks 500 of the largest companies of the U.S. economy, and is a key indicator of the stock market’s health. With ES futures, you can take positions on S&P 500 performance electronically.
|Contract Size||$50 x S&P 500 Index|
|Minimum Tick||0.25 index points|
|Dollar Value of One Tick||$12.50 U.S. Dollars|
|Trading Hours||Sunday - Friday 5:00p.m. - 4:00p.m. CT with a trading halt from 3:15p.m. - 3:30p.m. CT; Daily Maintenance period Monday - Thursday 4:00p.m. - 5:00p.m.|
|Contract Months||Nearest five months in the quarterly cycle (Mar, Jun, Sep, Dec)|
|Options Available||Quarterly, Monthly, Weekly (Monday, Wednesday, Friday)|
Deep liquidity & tight bid-ask spreads can reduce your costs
Nearly 24-hour access helps you act as events unfold
Flexible execution gives you multiple ways to find liquidity
Use leverage to trade a large contract value with a small amount
Save on margin offsets with other equity index futures
Trade a global equity index portfolio from one marketplace
Central clearing helps mitigate your counterparty risk
Get 60/40 blended U.S. tax treatment on capital gains
In nearly every trading scenario, ES futures offer a more cost-efficient way to manage S&P 500 exposure compared to ETFs.
*All scenarios are hypothetical and should be treated as such. Data is as of October 31, 2016, and calculations are based on the framework found atcmegroup.com/thebigpicture.
ES futures give you an easier, faster, more flexible way to harness S&P 500 performance.
Because ES futures trade nearly 24 hours a day, you can act on global news and surprise market events as they unfold – adjusting exposure instead of missing out and watching from the sidelines.
Monthly report showing changes in U.S. jobs. Drives Fed policy and indicates economic growth.
Presents U.S. unemployment rate as percentage. Drives Fed policy and indicates economy’s strength.
Lists changes in earnings of publically traded companies, which can move the market
Determines U.S. monetary policy and whether to move the key interest rate. Drives stock market movements.
CPI (Consumer Price Index)
Measures inflation or cost-of-living changes through average price of a basket of goods and services.
Federal Reserve open market operations
Indicates the buying and selling of securities by U.S. central banks as a tool of monetary policy.
Tracks changes in oil and natural gas supplies. Impacts energy prices paid by consumers.
Tracks change in monthly raw volume of industrial goods produced.