| Name |
E-Mini Russell 2000 Index |
| Product Symbol |
ER2 |
| Exchange |
CME Globex |
| Margins |
| |
Initial |
Maintenance |
Spread |
| Overnight |
$4,000 |
$3,200 |
$100 |
| Intra-Day |
$700 |
$500 |
$100 |
|
| Exchange Fees |
| |
Per Side |
Round-Turn |
| Non-Member |
$0.98 |
$0.49 |
|
| Trade Unit |
$100 times the Russell 2000 index price |
| Point Descriptions |
1 point = .01 index points =$1.00 |
| Minimum Fluctuation |
| Futures |
|
|
| Regular |
0.10=$10.00 |
|
| Calendar Spread |
0.05=$5.00 |
|
| Options |
|
|
| Regular |
0.10=$10.00 |
|
| Cab |
0.05=$5.00 |
|
| Special "Half Tick" |
0.05=5.00 for premium < or = 3.00 |
|
|
| Months |
Futures
Five months in the March Quarterly Cycle. Mar, Jun, Sep, Dec. |
Options
Two months in the March Quarterly Cycle, plus first two serial cycle months. Mar, Apr, May, Jun. |
| Trading Session |
Futures
| |
Chicago (CST) |
London (GMT) |
| Pit |
8:20~13:00 |
21:20~2:00 |
| Electronic |
18:00~17:15 |
07:00~6:15 |
|
Options
| |
Chicago (CST) |
London (GMT) |
| Pit |
08:20~13:00 |
21:20~02:00 |
|
