|Contract Unit||One E-mini S&P SmallCap 600 futures contract|
|Minimum Price Fluctuation||Outright:||0.10 index points = $10.00|
|HALF TICK||0.05 index points = $5.00|
|Trading Hours||CME Globex:||Sunday - Friday 6:00 p.m. - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with 15-minute trading halt Monday – Friday 4:15 p.m. - 4:30 p.m. ET (3:15 p.m. - 3:30 p.m. CT) and a 60-minute break each day beginning at 5:00 p.m. ET (4:00 p.m. CT).||CME ClearPort:||Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT|
|Product Code||CME Globex: SMCCME ClearPort: SMCClearing: SMC|
|Listed Contracts||Quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 consecutive quarters and 2 serial months|
|Termination Of Trading|| Quarterly contracts terminate at 8:30 a.m. CT on the 3rd Friday of the contract month.
Serial contracts terminate at 4:00 p.m. CT on the 3rd Friday of the contract month
|Position Limits||CME Position Limits|
|Exchange Rulebook||CME 368A|
|Block Minimum||Block Minimum Thresholds|
|Price Limit Or Circuit||Price Limits|
|Vendor Codes||Quote Vendor Symbols Listing|
|Strike Price Listing Procedures||Deferred month: 5-point intervals. Once the contract becomes the second nearest contract, 2.5-point intervals will be available|
|Settlement At Expiration||Option exercise results in a position in the underlying cash-settled Futures contract. Options which are in-the-money on the last day of trading are automatically exercised.
In-the-money QUARTERLY OPTIONS, in the absence of contrary instructions delivered to the Clearing House by 7:00 p.m. ET on the day of the expiration, are exercised automatically into expiring cash-settled futures, which settle to the SOQ calculated the morning of the 3rd Friday of the contract month.
In-the-money SERIAL OPTIONS, in the absence of contrary instructions delivered to the Clearing House by 7:00 p.m. on the day of the expiration, shall be exercised automatically on serial option expiration day.
An option can be exercised until 6:30 p.m. ET on any business day the option is traded.
QUARTERLY OPTIONS - Unexercised in-the-money options will be automatically exercised at 6:30 p.m. ET on the day of determination of the Final Settlement Price.
SERIAL OPTIONS - Unexercised in-the-money options will be automatically exercised at 6:30 p.m. ET on Serial Option expiration day.
|Underlying||E-mini S&P 600 SmallCap Futures|