Products & Trading » Equities » S&P MidCap 400
U.S. Index
Find a product

S&P MidCap 400

Product Overview

S&P MidCap 400 futures provide a way to efficiently gain exposure to the most widely used index for the mid-cap equity segment of the stock market. They also enable you:

  • Trade the entire index of 400 medium-sized company stocks in one transaction, compared to a basket of mid-cap stocks
  • Benefit from lower trading costs compared to trading individual stocks or Exchange-Traded Funds (ETFs)
  • Achieve diversification from low correlation to the S&P 500 Index
  • Use a financial tool that accommodates a range of strategies, different market environments and varied objectives 
More

Globex | Floor     
Globex | Floor     
Intraday |  Daily |  Weekly |  Monthly 
Get Real-Time Quotes

View free real-time quotes on a variety of electronically traded CME Group products

Learn more

General News & Announcements for Equity
RSS

Fee Incentives & Intercommodity Spreads: S&P SmallCap & MidCap Products


Reduced Fees on Spread-Traded E-mini Options

Retroactive to May 1, 2008, CME Group has waived CME Globex fees on the following E-mini equity index options: 

ELIGIBLE CONTRACTS (Must Be Traded As Part of a Spread)
American-Style
• E-mini S&P 500 options
• E-mini NASDAQ-100 options
• E-mini S&P MidCap 400 options
European-Style
• End-of-month (EOM) E-mini S&P 500 options


Block trades for E-mini Russell 2000

CME Group is offering an expanded block trade program for E-mini Russell 2000 products. This program is designed to help facilitate an orderly transition of open interest with the end of our contractual listing rights nearing (September 2008). Waivers have been added for certain block transactions.


CME Product Market Data
Report Type

Having issues with streaming quotes and want a static snapshot? Click here for our 10-minute delayed reports
Contract Specification View
E-mail Print
Trade Unit $500 times the Standard & Poor's MidCap 400 Stock Price Index.
Settle Method Cash Settled
Point Size 1 point = .01 index points = $5.00
Strike Price Interval
Strike
Limits/Price Banding Successive 10%, 20%, and 30% price limits based on the average daily close of the cash index in the last month of the preceding quarter. Price limits are effective only for limit moves below the previous day's close.
Tick Size (Minimum Fluctuation)
Regular0.05=$25.00
Trading 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 percentage price limit is calculated at the beginning of each calendar quarter. Limit is based on 5% of index value.
Product Codes Clearing=MD Ticker=MD
Minimum Block Size
Product Calendar Five months in the March Quarterly Cycle. Mar, Jun, Sep, Dec.
View current product listings
Trade Unit $500 times the Standard & Poor's MidCap 400 Stock Price Index.
Settle Method Cash Settled
Point (Tick) Size 1 point = .01 index points = $5.00
Strike Price Interval
Strike
Limits/Price Banding Successive 10%, 20%, and 30% price limits based on the average daily close of the cash index in the last month of the preceding quarter. Price limits are effective only for limit moves below the previous day's close.
Minimum Fluctuation
Regular0.05=$25.00
Calendar Spread0.05=$25.00
Trading Hours 8:30 a.m.-3:15 p.m. LTD: 3:15 pm
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.
Product Codes Clearing=MD Ticker=MD
Minimum Block Size
Product Calendar Five months in the March Quarterly Cycle. Mar, Jun, Sep, Dec.
View current product listings
General News & Announcements for Equity
RSS

Fee Incentives & Intercommodity Spreads: S&P SmallCap & MidCap Products


Reduced Fees on Spread-Traded E-mini Options

Retroactive to May 1, 2008, CME Group has waived CME Globex fees on the following E-mini equity index options: 

ELIGIBLE CONTRACTS (Must Be Traded As Part of a Spread)
American-Style
• E-mini S&P 500 options
• E-mini NASDAQ-100 options
• E-mini S&P MidCap 400 options
European-Style
• End-of-month (EOM) E-mini S&P 500 options


Block trades for E-mini Russell 2000

CME Group is offering an expanded block trade program for E-mini Russell 2000 products. This program is designed to help facilitate an orderly transition of open interest with the end of our contractual listing rights nearing (September 2008). Waivers have been added for certain block transactions.


Contracts Currently Eligible to Trade and Recently Expired Contracts
Contract Month Product Code First Trade Date Last Trade Date Settlement Date
SEP08 MDU08 06/25/2007 Add to Outlook 09/18/2008 09/19/2008
DEC08 MDZ08 09/21/2007 Add to Outlook 12/18/2008 12/19/2008
MAR09 MDH09 12/21/2007 Add to Outlook 03/19/2009 03/20/2009
JUN09 MDM09 03/20/2008 Add to Outlook 06/18/2009 06/19/2009
SEP09 MDU09 06/20/2008 Add to Outlook 09/17/2009 09/18/2009
Contracts Not Yet Eligible to Trade
Contract Month Product Code First Trade Date Last Trade Date> Settlement Date
DEC09 MDZ09 09/19/2008 12/17/2009 12/18/2009
General News & Announcements for Equity
RSS

Fee Incentives & Intercommodity Spreads: S&P SmallCap & MidCap Products


Reduced Fees on Spread-Traded E-mini Options

Retroactive to May 1, 2008, CME Group has waived CME Globex fees on the following E-mini equity index options: 

ELIGIBLE CONTRACTS (Must Be Traded As Part of a Spread)
American-Style
• E-mini S&P 500 options
• E-mini NASDAQ-100 options
• E-mini S&P MidCap 400 options
European-Style
• End-of-month (EOM) E-mini S&P 500 options


Block trades for E-mini Russell 2000

CME Group is offering an expanded block trade program for E-mini Russell 2000 products. This program is designed to help facilitate an orderly transition of open interest with the end of our contractual listing rights nearing (September 2008). Waivers have been added for certain block transactions.