ES
E74503
ES is the ticker symbol for the E-mini S&P 500 futures contract, a widely traded equity index derivative on the Chicago Mercantile Exchange used for hedging and speculating on the S&P 500.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
equity index derivative
→
exchange-traded derivative → futures contract → |
| category |
E-mini futures
→
stock index futures → |
| clearingHouse |
CME Clearing
→
|
| contractStyle |
American-style futures
→
|
| contractUnit |
50 times the S&P 500 Index
→
|
| denominationCurrency |
United States dollar
→
|
| eligibleParticipants |
hedge funds
→
institutional investors → proprietary trading firms → retail traders with futures accounts → |
| exchangeCode |
CME
→
|
| expirationCycle |
December
→
June → March → September → |
| introducedBy |
Chicago Mercantile Exchange
→
|
| lastTradingDay |
third Friday of the contract month
→
|
| margining |
daily mark-to-market
→
|
| marginRequirement |
set by CME and futures commission merchants
→
|
| marginType |
performance bond (futures margin)
→
|
| popularity |
one of the most actively traded equity index futures globally
→
|
| positionUse |
directional trading
→
portfolio hedging → short-term index exposure → |
| priceLimitMechanism |
CME equity index futures price limits
→
|
| quoteConvention |
index points
→
|
| region |
United States
→
|
| regulator |
U.S. Commodity Futures Trading Commission
→
|
| relatedContract |
Micro E-mini S&P 500 futures
→
full-size S&P 500 futures → |
| riskFactor |
systematic equity market risk
→
|
| settlementMonthPattern |
quarterly
→
|
| settlementType |
cash settled
→
|
| symbolRoot |
ES
→
|
| tickerSymbolFor |
E-mini S&P 500 futures
→
|
| tickSize |
0.25 index points
→
|
| tickValue |
12.50 USD
→
|
| tradedOn |
CME Globex
→
Chicago Mercantile Exchange → |
| tradingHours |
nearly 24 hours per day on CME Globex
→
|
| underlyingAssetClass |
large-cap U.S. equities
→
|
| underlyingIndex |
S&P 500 Index
→
|
| use |
hedging equity market risk
→
index arbitrage → speculating on S&P 500 price movements → |
Referenced by (1)
| Subject (surface form when different) | Predicate |
|---|---|
|
E-mini S&P 500 futures
→
|
symbol |