|
About CME Financial SPCTR Futures
Contract Size The size of one CME Financial SPCTR futures contract equals $125 (the contract’s multiplier) times the current CME Financial SPCTR futures level. The contract moves in ticks of 0.10 index points valued at $12.50 per contract (futures calendar spreads move in increments of 0.05 index points = $6.25 per contract). CME Financial SPCTR futures expire on a quarterly basis and are listed two months out in the March quarterly cycle. These contracts trade electronically only on the CME Globex® platform nearly 24 hours a day, around the clock, around the world. Underlying Index The contract tracks the capitalization-weighted S&P 500® Financial Sector Index, comprised of companies such as banks, brokerage firms, insurance companies and real estate companies. For a complete list of stocks in the Index and its methodology, visit the Standard & Poor’s Web site.
|