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Contract Specifications:SP_,CME
Trading Unit: $250 x S&P 500 Stock Index
Tick Size: 0.10 (10 pt.) ($2.50/pt.) ($25.00)
Quoted Units: index points, expressed to two decimals
Initial Margin: $22,500   Maint Margin: $18,000
Contract Months: Mar, Jun, Sep, Dec
First Notice Day: Not applicable (cash settled contract)
Last Trading Day: The Thursday prior to the 3rd Friday of the contract month.
Trading Hours: Globex: Mon/Thurs 5:00 pm - 8:15 am & 3:30 pm - 4:30 pm;
Sun & Hol 5:00 pm - 8:15 am, CST.
Daily Limit: - 5.0%, 10.0%, 15.0% and 20.0%


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