Date:October 3, 2008
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CME® New Product Summaryfor Clearing Firms, Bookkeeping Software Providers, ISVs
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Listing Date
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Sunday, October 26, 2008 (trade date Monday, October 27, 2008)
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Contract Name
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E-mini S&P 500 Euro denominated futures NP08-12
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Description
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Futures replicating the popular E-mini S&P 500 contract with currency denominated in euros as opposed to USD
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Instrument Type
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Futures
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Product Code(s)
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EME
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Ticker Symbol(s)
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EME
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Trading Venue
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CME Globex® platform
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Trading Hours
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Sundays through Thursdays from 5:00 p.m. Central Time (CT) to 3:15 p.m., CT next day, reopening between 3:30 pm and 4:30 pm CT
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Contract Size
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€50 times the futures price
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Valid Contract Months
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Dec08, Mar09, Jun09, Sep09, Dec09
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Initial Contract Months
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Dec08
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Minimum Price Increments
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0.25 index points for outrights
0.05 index points for calendar spreads |
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Value Per Tick
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€12.50 for outrights
€2.50 for calendar spreads
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Exercise Style
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NA
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Exercise Price Intervals and Listings
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NA
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Termination of Trading
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Trading in an expiring contract concludes on the 3rd Friday of the contract month at 08:30:00 Chicago time
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Final Settlement Price
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Final settlement is two to the right of the decimal or .01; for example 1260.12
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Position Limits
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100,000
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Minimum Reportable Level
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25 Contracts
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Price Limits
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Successive 10%, 20%, and 30% price limits based on the average daily close of the cash index in the last month of the preceding quarter. Price limits are effective only for limit moves below the previous day's close.
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Delivery
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By Cash Settlement
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Price Conventions
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Futures Trade Price
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Information Contacts
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Actual Price
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1260.00
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Cme.com Inquiries
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Customer Service
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(800) 331-3332
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FEC
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1260.00
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General Information
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Products & Services
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(312) 930-8213
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TREX
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Clearing House
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(312) 207-2525
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Unmatched Trade Notice
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0126000
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Globex Information
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Globex Control Center
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(312) 456-2391
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Trade Register Report
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1260.00
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Performance Bond Information
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Risk Management Dept.
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(312) 648-3888
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FIXML Trade Register File
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1260.00
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Position Limits
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Market Regulation
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(312) 648-3259
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Settlement Price File
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0126000
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Clearing Fees
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Clearing Fee Hotline
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(312) 648-5470
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SPAN File
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0126000
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CFTC Reportable Levels
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Market Regulation
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(312) 596-0609
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CME® Globex®
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126000
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