Underlying Index
The S&P MidCap 400 is now the most widely used index for mid-sized companies. Today, mid-caps are being recognized as an independent asset class, with risk/reward profiles that differ considerably from both large-caps and small-caps. The S&P MidCap 400 covers approximately 7 percent of the U.S. equities market, and is part of a series of S&P U.S. indices that can be used as building blocks for portfolio construction. CME S&P MidCap 400 Futures
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Trade Unit |
$500 times the Standard & Poor's MidCap 400 Stock Price Index. |
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Point Descriptions |
1 point = .01 index points = $5.00 |
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Contract Listing |
Five months in the March Quarterly Cycle. Mar, Jun, Sep, Dec. |
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Strike Price Interval |
N/A |
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Product Code |
Clearing=MD
Ticker=MD |
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Trading Venue: Floor |
Hours |
8:30 a.m.-3:15 p.m. Month end(3:15 p.m.)LTD(3:15 p.m.)^ |
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Listed |
All listed series. |
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Strike |
N/A |
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Limits |
Price Limits corresponding to a 5.0%, 10.0%, 15.0% and 20.0% decline below the Settlement Price of the preceding RTH session. See Equity limits |
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Minimum Fluctuation |
Regular |
0.05=$25.00 |
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Calendar Spread |
0.05=$25.00 |
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Trading Venue: CME® Globex® |
Hours |
Mon/Thurs 5:00 p.m.-8:15 a.m. & 3:30 p.m.-4:30 p.m.; Shutdown period from 4:30 p.m. to 5:00 p.m. nightly; Sun & Hol 5:00 p.m.-8:15 a.m. |
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Listed |
One March quarterly contract listed at any given time. |
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Strike |
N/A |
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Limits |
5%, 10%, 15% and 20% limits. See Equity limits |
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Minimum Fluctuation |
Regular |
0.05=$25.00 |
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