

CME E-mini S&P 500 Futures
CONTRACT SPECIFICATIONS
| CME E-mini S&P 500 Futures | |
|---|---|
| Contract Unit | $50 × S&P 500 Index |
| Price Quotation | U.S. dollars and cents per index point |
| Trading Hours |
CME Globex: TACO: Sunday – Friday 6:00 p.m. – 9:30 a.m. ET. Monday – Friday 11:00 a.m. – 5:00 p.m. ET with a daily maintenance period 5:00 p.m. – 6:00 p.m. ET CME ClearPort: TACO: Sunday 6:00 p.m. – Monday 9:30 a.m. ET. Monday – Thursday 11:00 a.m. – 5:00 p.m. ET and 6:00 p.m. – 9:30 a.m. ET |
| Minimum Price Fluctuation |
Outright: Calendar Spread: |
| Product Code | CME Globex: ES CME ClearPort: ES Clearing: ES BTIC: EST TACO: ESQ TMAC: ESX |
| Listed Contracts |
Quarterly contracts (Mar, Jun, Sep, Dec) listed for 21 consecutive quarters BTIC & TACO: Eligible in all listed contract months TMAC: Eligible in the contract month nearest to expiry. The next quarterly TMAC is eligible for trading on Sunday of the week of the prior contract month’s expiration. |
| Settlement Method | Financially Settled |
| Termination of Trading |
Trading terminates at 9:30 a.m. ET on the 3rd Friday of the contract month. TACO trading terminates at 9:30 a.m. ET on the Thursday before the 3rd Friday of the contract month. BTIC trading terminates at 4:00 p.m. ET on the Thursday before the 3rd Friday of the contract month. TMAC trading terminates at 4:00 p.m. ET on the Thursday before the 3rd Friday of the contract month. |
| TAM or TAS Rules | Trade Marker at Close (TMAC) is subject to the requirements of Rule 524.D. TMAC trades off a “Base Price” of zero to create a differential versus the daily Marker at Close price on the underlying futures contract month. The TMAC clearing price equals the daily Market at Close price of the underlying futures contract month plus or minus the TMAC transaction price. |
| Settlement Procedures | Settlement Procedures |
| Position Limits | Position Limits |
| Exchange Rulebook | CME 358 |
| Block Minimum | Block Table |
| Price Limit or Circuit | Price Limits |
| Vendor Codes | Quote Vendor Symbols |
