• E-mini S&P 500 Euro Denominated Futures

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