S&P 500 Futures Contract Specs

Contract Unit	$250 x S&P 500 Index
Trading Hours	Open Outcry: Monday - Friday: 9:30 a.m. - 4:15 p.m. Eastern Time (ET) CME Globex: Sunday - Friday: 6:00 p.m. - 5:00 p.m. ET with a trading halt 9:15 a.m. - 4:30 p.m. CME Clearport: Sunday - Friday: 6:00 p.m. - 5:00 p.m. ET
Minimum Price Fluctuation	Outright: 0.10 index points=$25 Calendar Spread: 0.05 index points=$12.50
Product Code	CME Globex: SP CME ClearPort: SP Open Outcry: SP Clearing: SP
Listed Contracts	Open Outcry: Eight months in the March Quarterly Cycle (Mar, Jun, Sep, Dec),and three additional December contract months CME Globex: Current lead month in the March Quarterly Cycle (Mar, Jun, Sep, Dec)
Settlement Method	Financially Settled
Termination Of Trading	Open Outcry: 4:15 p.m. ET on Thursday prior to 3rd Friday of the contract month CME Globex: On the rollover date (typcially eight days prior to last trade date for open outcry) when the lead month goes off the screen and the deferred month becomes the new lead month. View Rollover Dates
Settlement Procedures	Settlement Procedures
Position Limits	CME Position Limits
Exchange Rulebook	CME 351
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing

About S&P 500

S&P 500 futures and options offer a capital-efficient means to manage exposure to the leading large –cap companies of the U.S. stock market. Based on the underlying Standard & Poor’s 500 stock index, which is made up of 500 individual stocks representing the market capitalizations of large companies, the S&P 500 Index is a leading indicator of large-cap U.S. equities.

Stay up-to-date on CME Group Equity Product developments

Subscribe to updates

Send Us Feedback

Who We Are

CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.