Micro E-mini S&P 500 Index
Futures and Options
Micro E-mini S&P 500 Wednesday Weekly Options - Contract Specs
| Contract Unit | 1 Micro E-mini S&P 500 futures contract |
|---|---|
| Minimum Price Fluctuation | CME Globex: Outright: 0.25 index points ($1.25) for premium above 10.00 index points CAB: 0.05 index points ($0.25) Reduced Tick: 0.05 index points ($0.25) for premium at or below 10.00 index points CME ClearPort: Outright: 0.05 index points = $0.25 |
| Price Quotation | U.S. dollars and cents per index point |
| Trading Hours | CME Globex: Sunday 6:00 p.m. - Friday - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with a daily maintenance period from 5:00 p.m. - 6:00 p.m. ET (4:00 p.m. - 5:00 p.m. CT) CME ClearPort: Sunday 6:00 p.m. - Friday 6:45 p.m. ET (Sun 5:00 - Fri 5:45 p.m. CT) with no reporting Monday - Thursday 6:45 p.m. - 7:00 p.m. ET (5:45 p.m. - 6:00 p.m. CT) |
| Product Code | CME Globex: X1C,X2C,X3C,X4C,X5C CME ClearPort: X1C,X2C,X3C,X4C,X5C Clearing: X1C,X2C,X3C,X4C,X5C |
| Listed Contracts | Weekly contract listed for 1 week. List a new weekly contract on the business day before the last trading day of the expiring weekly contract. No weekly contract listed if expiration would occur on the same day as the End Of Month option expiration. |
| Termination of Trading | Trading terminates at 4:00 p.m. ET on Wednesday of the contract week. |
| Position Limits | |
| Exchange Rulebook | CME 353A |
| Price Limit or Circuit | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Settlement Method | Deliverable |
| Underlying | Micro E-mini S&P 500 Stock Price Index Futures |
- Micro E-mini S&P 500 futures (MES) offer smaller-sized versions of our liquid benchmark E-mini contracts.
- The are designed to manage exposure to the S&P 500 Index, made up of 500 individual stocks representing the market capitalizations of large companies. The S&P 500 is a leading indicator of large-cap U.S. equities.
- The Micro E-mini S&P 500 futures contract is $5 x the S&P 500 Index and has a minimum tick of 0.25 index points.
- View delayed data for Micro E-mini S&P 500 futures below for the open, high and low prices and volume for the active contracts.
