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SPECS |
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Ticker Symbol |
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Clearing=ES; Ticker=ES; ; AON=EG; |
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Sample Quote |
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Prices quoted in terms of the S&P
500 Stock Price Index |
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Contract Size |
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$50 times the Standard &
Poor's 500 Stock Index |
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Minimum Price
Fluctuation
(Tick) |
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Regular - 0.25=$12.50; |
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Price Limit |
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Price limit
corresponding to a 5% INCREASE or DECREASE from the Prior Settlement
Price. |
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| Trading Hours
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Mon/Thurs 3:30 p.m.-3:15 p.m.;
Shutdown period from 4:30p.m. to 5:00 p.m. nightly;
Sun & Hol 5:30 p.m.-3:15 p.m. Month end(3:15 p.m.) LTD(8:30
a.m.)(AON FLOOR
ONLY! 8:30 a.m.-3:15 p.m.) |
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| Last
Trading Day |
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Futures trading shall
terminate on the Settlement Date at 8:30 a.m. |
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| Final
Settlement Rule |
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The Final Settlement Price shall be
a special quotation ofthe Standard and Poors500
Stock Price Index based on the opening prices of the component
stocks in the index,
or on the last sale price of a stock that does not open for trading
on the regulary
scheduled day of final settlement. |
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Position Limits/
Accountability |
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Net long or net short
20,000 S&P500 contracts or equivalent in all contract months
combined. For purposes of this rule, the E- Mini S&P500 is deemed
equivalent to .20 of
an S&P500 contract. |
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| Contract Month
Listings |
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Two months in the March Quarterly
Cycle. |
OPTIONS |
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SPECS |
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Ticker Symbol |
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Clearing=ES; Ticker=ES
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Sample Quote |
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Price is quoted in
terms of the E-Mini S&P 500 Index points
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Contract Size |
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One E-Mini Standard & Poor's 500
Stock Price Index futures contract. |
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Minimum Price
Fluctuation (Tick)
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Regular -
0.25=$12.50; Cab - 0.125=$6.25
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Price Limit |
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Options trading halted when lead
E-Mini S&P 500 futures lock limit except at the total
daily price limit on an option's last day of trading. |
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Contract Month Listings |
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Two months in the
March quarterly cycle and two months not in the March cycle
(serial months). Mar, Jun, Sep, Dec.
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Trading Hours |
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Mon/Thurs 3:30 p.m.-3:15 p.m.; Shutdown period from 4:30p.m. to
5:00 p.m. nightly;
Sun & Hol 5:30 p.m.-3:15 p.m. Month end(3:15 p.m.) LTD(3:15
p.m.) |
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Last Trading Day |
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Options that expire
in the March quarterly cycle terminate at the same time as the
underlying futures contract. The non- March quarterly cycle
options terminate on the
third Friday of the contract month. |
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Position Limits/
Accountability |
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Net
20,000 futures-equivalent contracts in S&P 500 futures and
options contracts on
the same side of the market in all contract months combined.
Each E-Mini S&P 500
futures- equivalent contract shall be deemed equal to one-fifth
(.20) of an S&P 500
Stock Price Index futures-equivalent. The futures equivalent of
an option contract is
times the previous business day's IOM risk factor for the
option. |
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E-MINI S&P 500