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CME S&P MidCap 400 Futures
Contract Size
The size of one CME S&P MidCap 400® futures contract is determined by taking the contract’s multiplier ($500) times the current CME S&P MidCap 400 futures level. The contract moves in ticks of 0.50 index points, or $25 per contract.
These futures contracts expire on a quarterly basis and are listed four months out in the March quarterly cycle. They trade on the CME floors during regular trading hours (RTH) and are available electronically on the CME Globex® platform during extended trading hours (ETH).


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

 

Trade Unit

$500 times the Standard & Poor's MidCap 400 Stock Price Index.

 

Point Descriptions

1 point = .01 index points = $5.00

 

Contract Listing

Five months in the March Quarterly Cycle. Mar, Jun, Sep, Dec.

 

Strike Price Interval

N/A

 

Product Code

Clearing=MD
Ticker=MD

 

Trading Venue: Floor

Hours

8:30 a.m.-3:15 p.m. Month end(3:15 p.m.)LTD(3:15 p.m.)^

 

Listed

All listed series.

 

Strike

N/A

 

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

 

Minimum Fluctuation

Regular

0.05=$25.00

 

 

Calendar Spread

0.05=$25.00

 

 

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.

 

Listed

One March quarterly contract listed at any given time.

 

Strike

N/A

 

Limits

5%, 10%, 15% and 20% limits. See Equity limits

 

Minimum Fluctuation

Regular

0.05=$25.00

 

 

 

 

 

 

 

ProActive Futures 255 Executive Dr, Suite 410, Plainview, NY 11803 Phone: 1-877-393-5916 More Info

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The risk of loss in trading futures and options can be substantial. Futures and options trading may not be suitable for everyone.
Therefore, you should carefully consider the risks in light of your financial condition in deciding whether to trade.
You may sustain a total loss of the initial margin funds and additional funds that you deposit with your brokers to
establish or maintain a position in the commodity futures market.