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: | 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: | - 5.0%, 10.0%, 15.0% and 20.0% | |