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Futures Contract Specifications The S&P
500 contract specifications tell you how the S&P 500 futures trade, not how to trade to S&P 500
futures. Before you consider opening a currency futures account, you should consult with a licensed currencies broker.
| Trade Unit | $250 times the Standard & Poor's
500 Stock Price Index | | Point Descriptions | 1 point = .01 index points = $2.50 | | Contract Listing | Eight months in the March quarterly
cycle. Mar, Jun, Sep, Dec. | | Strike Price Interval | N/A | | Product
Code | Clearing=SP
Ticker=SP | | Trading Venue: Floor | | Hours | 8:30 a.m.-3:15 p.m. Month end(3:15 p.m.) LTD(3:15 p.m.) | | Listed | The percentage price limits are calculated at the beginning of each calendar quarter.
Trading halts are coordinated with trading halts in the primary securities markets. | | Strike | N/A | | Limits | Price Limits corresponding to a 5.0%, 10.0%,
15.0% and 20.0% decline below the Settlement Price of the preceding RTH session. | | Minimum Fluctuation | Regular | 0.10=$25.00 | | Calendar Spread | 0.05=$12.50 | | Trading
Venue: CME® Globex® | | Hours | Mon/Thurs 5:00 p.m.-8:15 a.m. & 3:30 p.m.-4:30 p.m.; Shutdown period from 4:30
p.m. to 5:00 p.m. nightly; Sun & Hol 5:00 p.m.-8:15 a.m. | | Listed | The Lead month in the Quarterly cycle. | | Strike | N/A | | Limits | Price limit corresponding to a 5% INCREASE
or DECREASE from the Prior Settlement Price. | | Minimum
Fluctuation | Regular | 0.10=$25.00 |
Click here to contact a commodities broker with experience in the S&P 500 Index market.
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