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S&P 500 E-mini (CME)

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Contract Specifications:ES,CME
Trading Unit: $50 x S&P 500 Stock Index
Tick Size: .01 index points = $0.50
Quoted Units: index points, expressed to two decimals
Initial Margin: $4,500   Maint Margin: $3,600
Contract Months: Mar, Jun, Sep, Dec
First Notice Day: Not applicable (cash settled contract)
Last Trading Day: Third Friday of the contract month.
Trading Hours: 8:30 A.M. - 3:15 P.M. Globex:3:45 P.M. - 3:15 P.M. Mon - Thrs; 5:30 P.M. - 3:15 P.M. Sun + Hol.
Trading closes at 3:15 p.m. on last day of trading.
Daily Limit: 5%

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