| Name |
S&P MidCap 400 Index Futures |
| Product Symbol |
MD |
| Exchange |
CME Globex |
| Margins |
| |
Initial |
Maintenance |
Spread |
| Overnight |
$20,000 |
$16,000 |
$50 |
| Intra-Day |
$8,000 |
$8,000 |
$50 |
|
| Exchange Fees |
| |
Per Side |
Round-Turn |
| Non-Member |
$1.14 |
$2.28 |
|
| Trade Unit |
$500 times the Standard & Poor's MidCap 400 Stock Price Index. |
| Point Descriptions |
1 point = .01 index points = $5.00 |
| Minimum Fluctuation |
| Futures |
|
|
| Regular |
0.05=$25.00 |
|
| Calendar Spread |
- |
|
|
| Options |
|
|
| Regular |
0.05=$25.00 |
|
| Cab |
0.025=$12.50 |
|
| Special "Half Tick" |
- |
|
|
| Months |
Futures
Five months in the March Quarterly Cycle. Mar, Jun, Sep, Dec. |
Options
Four months in the March quarterly cycle. Non-March quarterly cycle months may be listed based on demand. Mar, Jun, Sep, Dec. |
| Trading Session |
Futures
| |
Chicago (CST) |
London (GMT) |
| Pit |
8:30 a.m.-3:15 p.m. LTD: 3:15 pm |
2:30 p.m.-9:15 p.m. LTD: 9:15 pm |
| Electronic |
Mon/Thurs
5:00 p.m.-3:15 p.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.-3:15 p.m. Month end(3:15 p.m.) |
Mon/Thurs
11:00 p.m.-9:15 p.m. & 9:30 p.m.-10:30 p.m.;
Shutdown period from 10:30 p.m. to 11:00 p.m. nightly;
Sun & Hol
11:00 p.m.-9:15 p.m. Month end(9:15 p.m.) |
|
Options
| |
Chicago (CST) |
London (GMT) |
| Pit |
8:30 a.m.-3:15 p.m. LTD: 3:15 pm |
2:30 p.m.-9:15 p.m. LTD: 9:15 pm |
| Electronic |
Mon/Thurs
3:30 p.m.-3:15 p.m;
Shutdown period from 4:30 p.m.-5:00 p.m. nightly;
Sun & Hol
5:00 p.m.-3:15 p.m. |
Mon/Thurs
9:30 p.m.-9:15 p.m;
Shutdown period from 10:30 p.m.-11:00 p.m. nightly;
Sun & Hol
11:00 p.m.-9:15 p.m. |
|
