What is CME E-Mini?
Key Takeaways. E-minis are electronically traded futures contracts that are a fraction of the value of corresponding standard futures contracts. E-minis are predominantly traded on the Chicago Mercantile Exchange (CME) and are available on a wide range of indexes, commodities, and currencies.
What does ES mean in trading?
E-mini S&P, often abbreviated to “E-mini” (despite the existence of many other E-mini contracts) and designated by the commodity ticker symbol ES, is a stock market index futures contract traded on the Chicago Mercantile Exchange’s Globex electronic trading platform.
How much is a ES contract?
Contract Specifications:
| Contract Symbol | Contract Unit | Price Quotation |
|---|---|---|
| ES | $50 per contract | dollars per contract |
| Trading Exchange | Trading Hours | Tick Value |
| CME GLOBEX | 17:00 – 16:00 | 0.25 index points = $12.50 |
What is CBOT E-Mini?
E-minis are futures contracts that represent a fraction of the value of standard futures. They are traded primarily on the Chicago Mercantile Exchange’s Globex electronic trading platform. Under U.S. tax law, E-minis may qualify as 1256 Contracts, and benefit from several tax advantages as well.
Where can I trade Emini futures?
the Chicago Mercantile Exchange
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.
What is Emini trading?
The Emini (or E-mini or ES or Mini) is a futures contract that tracks the S&P 500 stock market index. It is traded on the Chicago Mercantile Exchange (CME) via their Globex electronic trading platform. Trading is 23 ½ hours a day, 5 days a week, using the contract symbol ES.
What are ES options?
One of the popular futures that is trading is the ES futures (E-Mini S&P 500 futures options). ES futures and options are based on the underlying Standard & Poor’s 500 stock index, which measures the performances of stocks across the 500 leading large-capitalization firms listed on U.S. stock exchanges.
How much does it cost to trade 1 Emini contract?
The value of the contract is $50 x the S&P 500 index value. What matters to most traders is the minimum price fluctuation and tick value, as this is what determines profit or losses on the contract. The E-mini moves in 0.25 point increments, and each one of those increments equates to $12.50 on one contract.