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Micro E-mini S&P 500 Index Futures Contract Specs

  • Micro E-mini S&P 500 futures (MES) offer smaller-sized versions of our liquid benchmark E-mini contracts
  • They are designed to manage exposure to the 500 U.S. large-cap stocks tracked by the S&P 500 Index, widely regarded as the best single gauge of the U.S. stock market
  • The Micro E-mini S&P 500 futures contract is $5 x the S&P 500 Index and has a minimum tick of 0.25 index points
  • View delayed data for Micro E-mini S&P 500 futures below for the open, high and low prices and volume for the active contracts
Contract Unit $5 x S&P 500 Index
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. Eastern Time (ET) with  trading halt 4:15 p.m. - 4:30 p.m.

CME ClearPort: Sunday - Friday 6:00 p.m. - 5:00 p.m. ET
Minimum Price Fluctuation Outright: 0.25 index points = $1.25
Calendar Spread: 0.05 index points = $0.25
Product Code CME Globex: MES
CME ClearPort: MES
Clearing: MES
Listed Contracts Quarterly contracts (Mar, Jun, Sep, Dec) listed for 5 consecutive quarters.
Settlement Method Financially Settled
Termination Of Trading Trading terminates at 9:30 a.m. ET on the 3rd Friday of the contract month.
Settlement Procedures Settlement Procedures
Position Limits CME Position Limits
Exchange Rulebook CME 353
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing

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