E-mini S&P 500 futures
E17373
E-mini S&P 500 futures are electronically traded stock index futures contracts that provide leveraged, cost-efficient exposure to the S&P 500 index for institutional and retail traders.
Aliases (2)
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
derivatives contract
→
financial instrument → stock index futures contract → |
| clearingHouse |
CME Clearing
→
|
| contractMultiplier |
50 USD per index point
→
|
| contractSizeRelativeTo |
smaller than standard S&P 500 futures
→
|
| contractType |
standardized exchange-traded futures
→
|
| currency |
US dollar
→
|
| expirationCycle |
quarterly expirations
→
|
| expirationMonths |
December
→
June → March → September → |
| hedges |
US large-cap equity exposure
→
|
| launchedBy |
Chicago Mercantile Exchange
→
|
| launchYear |
1997
→
|
| leverage |
provides leveraged exposure to S&P 500 index
→
|
| liquidity |
highly liquid futures contract
→
|
| listedOn |
Chicago Mercantile Exchange
→
|
| marginEfficiency |
more margin-efficient than equivalent cash equity positions
→
|
| marginRequirement |
set by exchange and clearing firm
→
|
| marginStyle |
futures-style daily mark-to-market
→
|
| marginType |
performance bond (futures margin)
→
|
| priceLimitMechanism |
exchange-imposed price limits
→
|
| pricingBasis |
S&P 500 index level multiplied by contract multiplier
→
|
| purpose |
hedging equity market risk
→
portfolio diversification → speculation on S&P 500 index movements → |
| quoteCurrency |
USD
→
|
| region |
United States
→
|
| regulator |
Commodity Futures Trading Commission
→
|
| riskType |
leverage risk
→
liquidity risk → market risk → |
| settlementMethod |
final settlement based on S&P 500 index value
→
|
| settlementType |
cash settled
→
|
| symbol |
ES
→
|
| targetMarket |
traders seeking cost-efficient S&P 500 exposure
→
|
| tickSize |
0.25 index points
→
|
| tickValue |
12.50 USD
→
|
| tradedOn |
CME Globex
→
|
| tradingHours |
nearly 24 hours per day on CME Globex
→
|
| tradingVenueType |
electronic trading platform
→
|
| underlyingIndex |
S&P 500 Index
→
|
| userType |
institutional traders
→
retail traders → |
| uses |
long-term hedging strategies
→
short-term trading strategies → |
Referenced by (8)
| Subject (surface form when different) | Predicate |
|---|---|
|
S&P 500 Index
("S&P 500 futures")
→
|
hasDerivative |
|
CME Group
→
|
hasKeyProduct |
|
CME
→
|
notableContract |
|
CME
("S&P 500 futures")
→
|
notableIndex |
|
Chicago Mercantile Exchange
→
|
notableProduct |
|
ES
("Micro E-mini S&P 500 futures")
→
|
relatedContract |
|
.INX
("S&P 500 futures")
→
|
relatedTo |
|
ES
→
|
tickerSymbolFor |