CME Group E-mini S&P SmallCap 600
| E-mini S&P SmallCap 600 Futures | |
|---|---|
| Contract Unit | $100 x S&P SmallCap 600 Index |
| Trading Hours | 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.
Clearport: Sunday - Friday 6:00 p.m. - 5:00 p.m. ET Clearport BTIC: Sunday - Friday 6:00 p.m. - 4:00 p.m. ET |
| Minimum Price Fluctuation | Outrights: 0.10 index points=$10.00
Calendar Spread: 0.05 index points=$5.00 BTIC: 0.05 index points=$1.00 |
| Product Code | CME Globex: SMC
CME ClearPort: SMC Clearing: SMC BTIC: SMT |
| Listed Contracts | Five months in the March Quarterly Cycle (Mar, Jun, Sep, Dec) |
| Settlement Method | Financially Settled |
| Termiantion of Trading | Trading can occur up to 9:30 a.m. Eastern Time (ET) on the 3rd Friday of the contract month |
| Settlement Procedures | Settlement Procedures |
| Position Limits | CME Position Limits |
| Exchange Rulebook | CME 368 |
| Price Limit or Circuit | Price Limits |
| Vendor Codes | Quote Vendor Symbols Listing |
| E-mini S&P SmallCap 600 Options | ||
|---|---|---|
| Contract Unit | One E-mini S&P SmallCap 600 futures contract | |
| Minimum Price Fluctuation | Outright: | 0.10 index points = $10.00 |
| HALF TICK: | 0.05 index points = $5.00 | |
| Trading Hours | CME Globex: | Sunday - Friday 6:00 p.m. - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with 15-minute trading halt Monday – Friday 4:15 p.m. - 4:30 p.m. ET (3:15 p.m. - 3:30 p.m. CT) and a 60-minute break each day beginning at 5:00 p.m. ET (4:00 p.m. CT). |
| CME ClearPort | Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT | |
| Product Code | CME Globex: SMC
CME ClearPort: SMC Clearing: SMC | |
| Listed Contracts | Quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 consecutive quarters and 2 serial months | |
| Termination of Trading | Quarterly contracts terminate at 8:30 a.m. CT on the 3rd Friday of the contract month.
Serial contracts terminate at 4:00 p.m. CT on the 3rd Friday of the contract month | |
| Position Limits | CME Position Limits | |
| Exchange Rulebook | CME 368A | |
| Price Limit or Circuit | Price Limits | |
| Vendor Codes | Quote Vendor Symbols Listing | |
| Strike Price Listing Procedures | Deferred month: 5-point intervals. Once the contract becomes the second nearest contract, 2.5-point intervals will be available | |
| Exercise Style | American | |
| Settlement at Expiration | Option exercise results in a position in the underlying cash-settled Futures contract. Options which are in-the-money on the last day of trading are automatically exercised.
In-the-money QUARTERLY OPTIONS, in the absence of contrary instructions delivered to the Clearing House by 7:00 p.m. ET on the day of the expiration, are exercised automatically into expiring cash-settled futures, which settle to the SOQ calculated the morning of the 3rd Friday of the contract month. In-the-money SERIAL OPTIONS, in the absence of contrary instructions delivered to the Clearing House by 7:00 p.m. on the day of the expiration, shall be exercised automatically on serial option expiration day. An option can be exercised until 6:30 p.m. ET on any business day the option is traded. QUARTERLY OPTIONS - Unexercised in-the-money options will be automatically exercised at 6:30 p.m. ET on the day of determination of the Final Settlement Price. SERIAL OPTIONS - Unexercised in-the-money options will be automatically exercised at 6:30 p.m. ET on Serial Option expiration day. | |
| Settlement Method | Deliverable | |
| Underlying | E-mini S&P 600 SmallCap Futures | |