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E-Mini S&P 500 |
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E-mini
S&P 500 futures offered by the Chicago Mercantile Exchange, are small
but powerful contracts made available to and focused toward the
individual investor. E-mini S&P 500 contracts are based on the same
leading S&P 500 index, but are a fraction of the size. With E-mini's,
you know have the potential to participate in and profit from the
benchmark index tracked around the country. Remember, the risk of
loss exists with all futures trading, which includes e-mini futures as
well. Only risk capital should be invested.
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Contract
Specs
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Trade
Unit
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$50
times the Standard & Poor's 500 Stock Index
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Point
Descriptions
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1
point = .01 index points =$.50
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Contract
Listing
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Two
months in the March Quarterly Cycle.
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Strike
Price Interval
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N/A
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Product
Code
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Clearing=ES
Ticker=ES
AON=EG
(250 Threshold)&
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Trading
Venue: GLOBEX®
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Hours
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Mon/Thurs
5:00 p.m.-3:15 p.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.-3:15 p.m. Month
end(3:15 p.m.) LTD(8:30 a.m.) (AON FLOOR ONLY! 8:30 a.m.-3:15 p.m.)
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Listed
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Two
months in the March Quarterly cycle.
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Strike
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N/A
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Limits
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Price
limit corresponding to a 5% INCREASE or DECREASE from the Prior
Settlement Price. (AON FLOOR ONLY! See Equity limits)
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Minimum
Fluctuation
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Regular
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0.25=$12.50
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Calendar
Spread
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0.05=$2.50
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Listed E-mini S&P 500 Futures Contracts
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Months
Traded
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H,
M, U, Z Month
Key Code
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Eligible
Months
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2
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Currently
Listed
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2
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Last
Day of Trading Rule
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The
business day of determination of the Final Settlement Price (normally,
the 3rd Friday of the contract month).
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New
Contract Listing Rule
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The
day the front month expires.
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Special
Notes
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Trades
on GLOBEX Only
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CME
Rule Book Chapter
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358
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Settlement
Type
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Cash
Settled
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Trading futures and options involves substantial risk of loss and is not suitable for all investors. |
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