S&P 500 Annual Dividend Index

Futures and Options
Globex Code
SDAZ5
Last
77.800
Change
-0.150 (-0.19%)
Volume
488
Last Updated24 Feb 2025 01:37:57 PM CT.
Market data is delayed by at least 10 minutes

S&P 500 Annual Dividend Index Futures - Contract Specs

Contract Unit
$250 x S&P 500 Annual Dividends Index
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)
Minimum Price Fluctuation
Outright:
0.05 index points = $12.50
CALENDAR SPREAD
0.025 index points = $6.25
Product Code
CME Globex: SDA
CME ClearPort: SDA
Clearing: SDA
Listed Contracts
Annual contracts (Dec) listed for 11 consecutive years
Settlement Method
Financially Settled
Termination of Trading
Trading terminates at 9:30 a.m. ET on the 3rd Friday of the contract month.
Settlement Procedures
Position Limits
Exchange Rulebook
Block Minimum
Price Limit or Circuit
Vendor Codes

About S&P 500 Annual Dividend Index Futures

Benefit from an efficient new way to hedge and express your views on the U.S. stock dividend market with S&P 500 Dividend annual futures. The S&P 500 Dividend Points Index (Annual) futures contract (SDA) is $250 times the S&P 500 Annual Dividend Points Index with the nearest 11 Decembers available for trading. The S&P 500 Dividend Points Index (Annual) (SPXDIVAN) tracks the accumulation of dividends on an annual basis and resets to zero after the expiration of the leading December contract.

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