E-mini S&P MidCap 400™ futures
E-mini S&P MidCap 400™ futures provide a valuable tool for investors seeking access to trade the attractive mid-cap equity market sector. Fully electronic and 1/5th the size of a standard S&P MidCap 400™ futures contract, it closely tracks the price movements of the S&P MidCap 400™ Index.

Replicate your global equity exposure on a single platform at CME Group, the world's leading marketplace for equity index futures and options. The CME Group provides contracts on key benchmarks from leading index providers such as Standard & Poor’s, NASDAQ, Dow Jones, Nikkei, MSCI and FTSE. Our state-of-the-art CME Globex trading platform offers nearly 24-hour global access to our electronic markets, with counterparty credit guaranteed by CME Clearing.

Product Overview – E-mini S&P MidCap 400™ futures
E-mini S&P MidCap 400™ futures provide a way to efficiently gain exposure to the most widely used index for the mid-cap equity segment of the stock market. They also enable you:

  • Trade the entire index of 400 medium-sized company stocks in one transaction, compared to a basket of mid-cap stocks
  • Benefit from lower trading costs compared to trading individual stocks or Exchange-Traded Funds (ETFs)
  • Achieve diversification from low correlation to the S&P 500 Index
  • Use a financial tool that accommodates a range of strategies, different market environments and varied objectives

E-mini S&P MidCap 400 Fee Waivers

  • Effective March 2, 2008 – December 31, 2008

Contract Specs

  • Trade Unit; $100 times the Standard & Poor's MidCap 400
  • Settle Method; Cash Settled
  • Minimum Fluctuation (Tick Size); Regular 0.10 index points=$10.00; Calendar Spread 0.05=$5.00 Position Limits: 5,000 standard-sized S&P MidCap 400 futures combined
  • Trading Hours; 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. next day
  • Product Codes; Clearing=ME; Ticker=EMD
 
 
Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
 

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