Futures Contract Specifications
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|
|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.|
|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. |
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.|
|Limits||Price limit corresponding to a 5% INCREASE
or DECREASE from the Prior Settlement Price.|
Fluctuation||Regular||0.10=$25.00|Click here to contact a commodities broker with experience in the S&P 500 Index market.