| Specs |
E-Mini S&P
500 Futures Contract |
| Size |
50 times the S&P 500 futures Index.
If, for example, the S&P 500 Index futures contract
is trading at 1,100.00, the value of one contract is $55,000. |
| Movement Value |
Each 100-point move ("handle")
in the E-Mini S&P 500 futures contract equals $50.
A two "handle" move from 1100.00 to 1102.00
equals $100. A one-half "handle" move from 1100.00
to 1100.50 equals $25. |
| Minimum Price Fluctuation (Tick) |
.25 index points = $12.50 per contract (Futures
calendar spreads: .05 index points = $2.50 per contract) |
| Contract Months |
March June Sep Dec |
| Regular Trading Hours (Central
Time) |
Virtually 24 hours per day (from 5:30 p.m.
Sunday to 3:15 p.m. Friday) |
| Last Trading Day |
Trading can occur up to 8:30 a.m. (Chicago
Time) on the third Friday of the contract month |
| Final Settlement Date |
The third Friday of the contract month |
| Margin |
$1000 For Mini SP day trades
$3500 Overnight |
