What are E-mini S&P 500 futures?
E-mini S&P 500 futures are traded on the Chicago Mercantile Exchange (CME) and allow traders to gain exposure to the S&P 500 index, a widely recognized barometer of the U.S. stock market. Representing one-fifth of the standard S&P 500 futures contract, E-mini S&P 500 futures make futures trading more accessible to more traders, and have been a success ever since their introduction in 1997. More recently, Micro E-mini S&P 500 futures have been introduced. Though there are now several E-mini contracts available across a variety of indexes, E-mini S&P 500 futures still account for the vast majority of all U.S. stock index futures trading.
Start trading E-mini S&P 500 futures for just $1.50 per contract pricing.
How to trade E-mini S&P 500 futures
E-mini S&P 500 futures represent one-fifth of the standard S&P 500 futures contract. E-mini S&P 500 futures trade electronically nearly 24 hours per day on the CME Globex® trading platform, on a quarterly cycle.
E-mini S&P 500 futures contract specifications
Considering trading E-mini S&P 500 futures? Here are the E-mini S&P 500 futures contract specifications.
Exchange | Chicago Mercantile Exchange, ES |
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Contract Size | $50 x the S&P 500 Index (Micro E-mini S&P 500 contracts also available) |
Minimum Tick Size and Value | 0.25, worth $12.50 per contract. |
Trading Times | E-mini S&P 500 futures trade on the CME Globex® trading platform, from 6:00 p.m. U.S. ET all the way until 5:00 p.m. U.S. ET the following afternoon. |
Principal Trading Months | E-mini S&P 500 futures trade on a quarterly cycle. Trading months include March, June, September, and December. |
With a Schwab futures account, you also get access to advanced trading platforms and education, where you can take advantage of actionable research, real-time E-Mini S&P 500 futures quotes, and other specialized tools.
Why trade E-mini S&P 500 futures?
- Why trade E-mini S&P 500 futures?
- Benefits and risks of trading E-mini S&P 500 futures
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Futures trading at Schwab
Take advantage of $1.50 per contract pricing plus specialized tools, research, and support.
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About CME E-mini S&P 500 futures
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