CME Group E-mini S&P MidCap 400

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E-Mini S&P MidCap 400 futures
Exchange CME Group
Settlement Cash settled
Contract Size $100 times the Standard & Poor's MidCap 400
Pricing Unit 1 point = .10 index points = $10.00
Tick Value Outright: 0.10 index points=$10.00

Calendar Spread: 0.05 index points=$5.00

BTIC: 0.05 index points=$5.00

Contract Months Five months in the March Quarterly Cycle
Last Trading Day Business day of determination of the Final Settlement Price (normally, the 3rd Friday of the contract month).
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. Eastern Time (ET) with trading halt 4:15 p.m. - 4:30 p.m.

BTIC: Sunday - Friday 6:00 p.m. - 4:00 p.m. ET

Clearport: Sunday - Friday 6:00 p.m. - 5:00 p.m. ET

Ticker Symbol N/A CME Globex: EMD

CME ClearPort: ME

Clearing: ME

BTIC: EMT

Price Limits N/A Successive 10%, 20%, and 30% limits; overnight ETH - 5%
 
E-Mini S&P MidCap 400 options
Trade Unit One futures contract
Point Value 1 point = .10 index points = $10.00
Tick Value Outright: 0.05=$5.00

CAB 0.025=$2.50

Option Months Four (4) consecutive March Quarterly Cycle Months and two (2) serial months
Strike Prices 5-point intervals within ± 20% previous day’s settlement price of the underlying futures. Once the contract becomes the second nearest cycle month contract, 2.5-point intervals within ± 15 Index points of previous day’s settlement price of the underlying futures. Exercise prices for serial options shall be identical to the exercise prices that are listed for the March quarterly options on the same underlying futures contract
Exercise Style American Style.

An option can be exercised until 7:00 p.m. on any business day the option is traded. QUARTERLY OPTIONS - Unexercised in-the-money options will be automatically exercised at 7:00 p.m. on the day of determination of the Final Settlement Price.

  No Open Outcry Electronic
Trading Hours N/A MON – FRI: 5:00 p.m. previous day – 4:15 p.m.; trading halt from 3:15 p.m. – 3:30 p.m. Chicago Time
Ticker Symbol N/A CME Globex: EMD

CME ClearPort: ME

Clearing: ME

Price Limits N/A N/A

Notes

Also See

CME Group stock index products

References

CME Group Web site

E-mini S&P MidCap 400 Futures Contract Specs

Last modified on 18 June 2018, at 16:21