Product Overview

What are E-mini S&P 500 futures?

The S&P 500 Index is a broad-based market capitalization weighted index that tracks 500 of the largest companies in leading industries in the US economy. This index also serves as a key indicator of the health of the US stock market. The S&P 500 is a futures contract that allows market participants to take positions on the performance of the S&P 500 index electronically in an active and liquid marketplace.

Why would you want to trade E-mini S&P 500 futures?

  1. The global markets don’t go to sleep. CME Group futures are open nearly around the clock and provide both trading opportunities and risk mitigation ability at all times.
  2. Most financial and commodity products are cyclical in that they experience times of low and high volatility environments. The ability to access such a diverse set of products in one place means there is almost always a trading opportunity.
  3. S&P 500 is viewed as a gauge for market performance.

How do you trade E-mini S&P 500 futures?

Equity Index futures are “futures contracts” on equity indices. They are cash settled contracts and the majority have quarterly expiration dates scheduled for the months of March, June, September, and December.

With a single transaction, investors can use equity index futures products to manage risk or seek profits based on whether they think the stock market will rise or fall.  

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Contract Specifications


Contract Month

H, M U, Z (Mar, Jun, Sep, Dec)

Trading Hours

Sunday – Friday 5:00pm – 4:00pm CT with a trading halt from 3:15pm – 3:30pm CT
Daily Maintenance period Monday - Thursday 4:00pm - 5:00pm

Product

E-mini S&P 500

Contract Size

$50 X S&P 500 Index

Trading Venue

CME offers electronic trading almost 24/6

Minimum Tick

0.25 index points

Product Symbol

ES

Dollar Value of One Tick

$12.50 U.S. Dollars

Exchange Rulebook

CME 358

Settlement Procedures

Settlement Procedures

Price Limit or Circuit

Price Limits

Settlement Method

Financially Settled

Options Available

Quarterly, Serial, Weekly

Termination of Trading

Trading terminates at 9:30 a.m. ET on the 3rd Friday of the contract month BTIC trading terminates at 4:00 p.m. ET on the Thursday before the 3rd Friday of contract month TACO trading terminates at 9:30 a.m. ET on the Thursday before the 3rd Friday of the contract month

Contract Specifications


Product Name

E-mini S&P 500

Options Expirations

Weekly (M,W,F), Monthly, Quarterly

Options Symbol

Monthly - EW
Weekly Monday - E1A-E5A
Weekly Wednesday - E1C - E5C
Weekly Friday - EW1- EW4
Quarterly - ES

Trading Venue

Globex

Trading Hours

Sunday – Friday 5:00pm – 4:00pm CT with a trading halt from 3:15pm – 3:30pm CT; Daily Maintenance period Monday - Thursday 4:00pm - 5:00pm

Type Of Expiration

American

Minimum Tick Size

Outright: 0.25=$12.50 for premium >5.00 Reduced Tick: 0.05=$2.50 for premium < or =5.00

E-mini S&P 500 ES Price

Open
High
Low
Change
% Change
Volume
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Last Trade as of CST. 10 Minutes Delayed Quote. Powered by CQG

Futures Calendar

29 NOV
No Event
Price Action Alerts Source Redsky Markets