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Below is a summary and basic information from the exchange for some of the popular commodities that fall under the index sector.
Within the United States, some of the most popular index futures are the mini Dow Jones (YM) and the mini Nasdaq (NQ) on the Chicago Board of Trade, and the mini Russell 2000 (TF) and mini S&P 500 (ES) on the Chicago Mercantile Exchange.
Index futures are also available in foreign markets. This includes the DAX and the SMI index futures in Europe, and the Hang Seng Index future in Asia.
E-minis are electronically traded futures contracts that represent a percentage of a corresponding standard futures contract. The e-minis make ideal beginner trading instruments for a variety of reasons, including round-the-clock trading, low margin rates, volatility and liquidity. This guide will discuss the e-mini stock index futures contracts, describe e-mini characteristics and introduce methods to trade these popular contracts. E-mini contracts provide trading advantages, including high liquidity and therefore tight spread. The E-mini S&P 500 offers greater affordability for individual investors due to lower margin requirements than the full-size contracts. Round-the-clock trading 23 hours a day from Sunday afternoon to Friday afternoon give traders access to trade anytime.
$50 x S&P 500 Index
0.25 index points=$12.50
Dollars/Quarter Index Point
Mar, Jun, Sep, Dec
Financially Settled
Trading can occur up to 8:30 a.m. on the 3rd Friday of the contract month
E-minis are electronically traded futures contracts that represent a percentage of a corresponding standard futures contract. The e-minis make ideal beginner trading instruments for a variety of reasons, including round-the-clock trading, low margin rates, volatility and liquidity. This guide will discuss the e-mini stock index futures contracts, describe e-mini characteristics and introduce methods to trade these popular contracts. E-mini contracts provide trading advantages, including high liquidity and therefore tight spread. The E-mini S&P 500 offers greater affordability for individual investors due to lower margin requirements than the full-size contracts. Round-the-clock trading 23 hours a day from Sunday afternoon to Friday afternoon give traders access to trade anytime.
$20 x NASDAQ-100 Index
0.25 index points=$5.00
Dollars/Quarter Index Point
Mar, Jun, Sep, Dec
Financially Settled
Trading can occur up to 8:30 a.m. on the 3rd Friday of the contract month
E-minis are electronically traded futures contracts that represent a percentage of a corresponding standard futures contract. The e-minis make ideal beginner trading instruments for a variety of reasons, including round-the-clock trading, low margin rates, volatility and liquidity. This guide will discuss the e-mini stock index futures contracts, describe e-mini characteristics and introduce methods to trade these popular contracts. E-mini contracts provide trading advantages, including high liquidity and therefore tight spread. The E-mini S&P 500 offers greater affordability for individual investors due to lower margin requirements than the full-size contracts. Round-the-clock trading 23 hours a day from Sunday afternoon to Friday afternoon give traders access to trade anytime.
$5 x Dow Jones Industrial Average ("DJIA")
1.00 index points=$5.00
Dollars/Index Point
Mar, Jun, Sep, Dec
Financially Settled
Trading can occur up to 8:30 a.m. on the 3rd Friday of the contract month
The Russell 2000® Index is the recognized benchmark measuring the performance of the small-cap segment of the U.S. equity universe.
$100 times the Index
10 Index points, equal to $10.00 per contract (Spread and block trades can be done at .05 Index points.)
Dollars/Index Point
Mar, Jun, Sep, Dec
Cash settlement to a special opening calculation of the Russell 2000 Index based on the opening prices of the component stocks on the third Friday of the contract month. Please see ICE Exchange Rules 19.04 and 19.26 for additional information.
Third Friday of the expiration month. Trading in the expiring contract ceases at 9:30 a.m. ET on the Last Trading Day.
$5.00 x Nikkei Stock Average
5.00 index points=$25.00
Dollars/Index Points
Mar, Jun, Sep, Dec
Financially Settled
Third Friday of the expiration month. Trading in the expiring contract ceases at 9:30 a.m. ET on the Last Trading Day.
Disclaimer :Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. The lower the day trade margin the higher the leverage and riskier the trade. Leverage can work for you as well as against you, it magnifies gains as well as losses. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition. Low rates are for online trading clients only. Other brokerage fees may apply to certain platforms. Accounts requiring broker assistance will be charged higher rates.