Focusing on 500 large-cap common U.S. stocks, the S&P 500 is a narrower market indicator than the Russell 2000. The second-most followed index for large-cap stocks after the DJIA, the S&P 500 is given attention for its ability to predict and influence future market trends. The S&P 500 is the most popular product in the Chicago Mercantile Exchange, and it can be traded as a futures contract either in an open outcry auction or on electronic platforms.
|S&P 500 Contract Specifications|
|Contract Size||$250 x S&P 500 futures price|
|OUTRIGHT: 0.10 index points=$25
CALENDAR SPREAD: 0.05 index points=$12.50
|Trading Hours||CME Globex: Mon-Fri 5:00pm previous day – 4:15pm CT
Trading halt from 8:15am-3:30pm CT
|Open Outcry: Mon-Fri 8:30am-3:15pm CT|
|Contract Months/Symbols||CME Globex: One month in the March Quarterly Cycle (Mar, Jun, Sep, Dec)|
|Open Outcry: Eight months in the March Quarterly Cycle (Mar, Jun, Sep, Dec) plus three additional Dec contracts|
|Last Trade Date||CME Globex: On the rollover date (typically eight days prior to last trade date for open outcry) when the lead month goes off the screen and the deferred month becomes the new lead month. View rollover dates|
|Open Outcry: 3:15 p.m. on Thursday prior to 3rd Friday of the contract month|
|Settlement Procedure||Daily S&P Settlement Procedure
Final S&P Settlement Procedure
|Daily Price Limit||View price limits details|
|Exchange Rules||These contracts are listed with, and subject to, the rules and regulations of CME.|
Last updated May 2013
Recent Posts on S&P 500
- [MDA TradeRoom Review] Volume Analysis tools showcasing 25pt move in S&P, 8-2-18 (8/2/2018) - Andrew Pawielski highlights the long S&P trades highlighted in the MDA premium room. View the 3 long trades in ES @ 2703, 2708, 2714 with trailed risk stopped out around 2723.
- [LiveStream Review] Real-Time Analysis S&P Short Trade on Open, 7-27-18 (7/27/2018) - Today’s MDA Update: Live Stream Replay – S&P Short Reviewed Published 7/27/18 10:45 am central: Traders, This is a recording of the MDA Premium Room Live Stream that is done every trading session for the MDA premium room members. During this session, we are highlighting the bearishness that is coming in on the market on… Read more.
- [Trade Review] MDA Room – Long Equities Rewarded End of Day, 7-25-18 (7/25/2018) - Andrew Pawielski highlights the long S&P trades highlighted in the MDA premium room. View the 3 long trades in ES @ 2703, 2708, 2714 with trailed risk stopped out around 2723.