S&P Index Futures and Options on Futures

Manage U.S. Stock Market Exposure with Efficiency and Ease

Widely regarded as the best single gauge of large-cap U.S. equities and the leading barometer of the U.S. stock market, the S&P 500 Index serves as the benchmark for $5 trillion in assets. Traders can access the S&P 500, as well as other benchmark indices, nearly 24 hours a day with CME-listed futures and options on futures.

S&P Index Products

 

S&P Futures

Access the most liquid U.S. benchmark indices with futures listed on the S&P 500, MidCap 400, SmallCap 600 and Select Sector indices, as well as the S&P 500 Dividend and Total Return Indices. With margin offsets of up to 84% with other CME Group Equity Index products, S&P 500 futures are a cost-effective way to manage U.S. index exposure.

BTIC S&P Futures

Capture the certainty of the close with Basis Trade at Index Close (BTIC) E-mini S&P 500 Index futures available as blocks and on CME Globex. BTIC enables market participants to execute a basis trade relative to the official close for the underlying index for more efficient cash management. BTIC blocks are also available for S&P Select Sector, MidCap 400, SmallCap 600 futures and other S&P futures.

S&P Options on Futures

With quarterly, serial, monthly, and weekly options listed E-mini and Micro E-mini S&P 500 Index futures, CME Group provides you with extensive product choice on the benchmark U.S. Index to suit a variety of trading strategies. Capitalize on around-the-clock liquidity, market depth and potential margin offsets on futures and options strategies.

Key Benefits

  • Liquidity: Capitalize on actively-traded markets with consistently tight bid/ask spreads and dedicated market makers providing two-sided markets.
  • Access: Manage exposure to the U.S. equity market nearly 24 hours a day through a single transaction.
  • Trading opportunities: Capitalize on trading opportunities from volatility, index correlations, sector weightings and price exposure.
  • Cost efficiency: Enjoy margin offsets versus other CME Group products, as well as potentially lower trading costs and fewer transactions than with a basket of securities or ETFs.
  • Counterparty credit risk mitigation: Manage risk with CME Clearing, one of the world’s leading central counterparty clearing systems. 

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