Discover a more cost-efficient way to trade total return on top indices. Total Return Index futures offer total return Index exposure across S&P 500, Nasdaq-100, Russell 1000, Russell 2000, and Dow Jones Indices with the margin efficiency of a futures contract.
Total Return Index futures track the Total Return Indices and seek to replicate the price return performance of the S&P 500, Nasdaq-100, Russell 1000, Russell 2000, Dow Jones Industrial Average plus associated dividend reinvestment. All contracts trade as Basis Trade at Index Close (or BTIC) products.
Index Futures Contracts | Underlying Index (Bloomberg) | CME BTIC Ticker (Tradeable) | CME Outright Ticker (Non-Tradeable) | Bloomberg BTIC Front Month | TR-RIC Root |
---|---|---|---|---|---|
S&P 500 Total Return futures | SPTR Index | TRB | TRI | TVBA Index | 0#TBR |
Nasdaq-100 Total Return futures | XNDX Index | N1T | N1R | BNRA Index | 0#1N1T |
Russell 1000 Total Return futures | RU10INTR Index | R1B | R1R | RBYA Index | 0#1R1B |
Russell 2000 Total Return futures | RU20INTR Index | R2T | R2R | RRTA Index | 0#1R2T |
Dow Jones Industrial Average Total Return Index Return futures | DJITR Index | DTT | DTR | BTDA Index | 0#DTD |
NEW S&P 500 AIR Total Return futures | SPTR Index | AST | ASR | AXWA Index | 1AYT |
Suppose that two market participants want to transact a BTIC block trade for S&P 500 Total Return Index futures based on the closing index value of the S&P 500 Total Return (SPTR) Index. The market participants agree to the following terms:
Within five (5) minutes of the two counterparties agreeing to the trade, both sides of the trade must be price reported to CME Direct or CME ClearPort.
Vanilla S&P 500 Total Return Index futures are also BTIC-eligible and follow these same general steps.