S & P
500 and E Mini Futures Trading
*The information contained within this webpage comes from sources
believed to be reliable. No guarantees are being made to the
content's accuracy or completeness.
Here is the stock index futures brochure courtesy of the CME
Stock Index Brochure
History of the Standard and Poor's 500
The S & P 500 was first brought online on March of 1957. It
was at this time that computers had advanced enough to offer real time quotes.
The S & P 500 index is second only to the Dow Jones index as the most widely
watched stock market indicator around the world.
Indices can be either price-weighted such as the
Dow Jones Industrial Average or capitalization-weighted like the
Standard and Poor's 500 Index. In a price-weighted index, individual
stock prices are simply added together and then divided by the
divisor. Stocks with higher prices have a higher weighting. In a
capitilization-weighted index, the company with the highest total
dollar value of its stock has the highest weighting.
Is it time to hedge your stock portfolio with S & P futures
and options yet?
Today savvy investors around the world can use S & P futures
and S & P E minis to hedge their stock portfolio risk against adverse market
*Contract information changes from time to time.
click here to see the
most recent contract specifications and
for the most recent trading hours.
P Futures- Mini S & P Futures E mini trading
E-mini S&P 500 Futures
The Chicago Mercantile Exchange (CME) S & P E
mini futures contract first
traded at CME in 1997, the CME® E-mini® S&P 500®
futures contracts offer unique trading opportunities
for risk management and market exposure at an
affordable price. Based on the S&P 500 Index, CME
E-mini S&P 500 futures are the most liquid stock
index future available.
The S & P E Mini futures
contracts are available to trade virtually 24 hours a day on the CME Globex®
electronic trading platform. The CME E-mini S&P 500 futures contract trades two
months in the March quarterly cycle and moves in .25 index points, or $12.50 per
contract. Trade E Minis on our fast, accurate and easy to use online platform
from the comfort of your own personal computer.
is a CME
E-mini S&P 500 Futures Contract Worth?
To determine the value of a CME
E-mini S&P stock index futures contract, you need to
familiar with its multiplier and the current futures
value x $50 = One CME
E-mini S&P 500 futures contract value
CME E-mini S&P 500 multiplier is $50.
If the CME S&P 500 futures index level is 1400,
multiply that by $50
1400 x $50 = $70,000
you buy a CME E-mini S&P 500 futures contract at 1400, you are leveraging a futures contract valued
Here Now! for actual
futures and options prices, expirations, charts .....
S&P 500 Futures
CME® S&P 500® futures began trading in 1982 (and CME
S&P 500 options on futures a year later), it
has become one of the most actively traded stock
indexes in the world. The big S & P futures contract
carries extreme leverage and proportionate risk.
S&P 500 futures allow financial institutions,
investment managers, corporations and private
investors to hedge risks associated with stock
market fluctuations on their investments. Investors
can also use this product to take advantage of
profit opportunities created from price changes.
S&P 500 Index futures lists eight months in the
March quarterly cycle, while CME
S&P 500 options on futures lists four months in the
March quarterly cycle and two serial months. The
futures contract size is $250 times the S&P 500®
Index price, and it moves in .10 ticks equaling $25.
Standard and Poor's (S&P) Corporation Index is designed and
maintained to be an accurate proxy for a diversified
equity portfolio. It is capitalization-weighted and
float-adjusted, representing the market value of all
outstanding common shares of the 500 firms listed
(share price x shares outstanding). This means that
a change in the price of any one stock influences
the Index in proportion to the relative market value
of that firm's outstanding shares.
weightings make each company's influence on the
respective index's performance directly proportional
to that company's market value. It is this
characteristic that has made the S&P 500 Index the
investment industry's standard for measuring the
performance of actual portfolios.
What is the CME S & P 500
futures full contract worth?
The S & P consists of the 30 Dow stocks and
the next 470 largest stocks to make it 500 different stocks.
Index value x $250= One S & P 500 Full futures
To understand how
much the S & P Index Futures leverages simply take the S & P Value ex. 1400
$250= $350,000 worth of stocks.
Contact us for specific
information about S P 500 Futures and S P 500 E-mini Futures.