The Emini S&P (ES) futures started trading in 1997, while the Micro Emini S&P started in 2019 and both have grown to be the most popularly traded stock index futures in the US and averages over millions of trades per day. Widely regarded as the best single gauge of large-cap U.S. equities and the leading barometer of the U.S. stock market, the S&P 500 Index serves as the benchmark for $5 trillion in assets. Traders can access the S&P 500, as well as other benchmark indices, nearly 24 hours a day with CME-listed futures and options on futures. They trades 23 hours a day and provides great liquidity and price movement for futures daytraders. These indices can be highly volatile and be traded with a great amount of leverage which is not suitable for all investors, so please make sure it is right for you. Sign up for our free Emini S&P Futures Course to receive education on this great futures product.
Emini S&P Symbol | ES |
Contract Size | $50 x E-mini S&P 500 futures price |
Tick Size | 0.25 index points = $12.50 |
Exchange | CME Globex |
Contract Months | Mar (H), Jun (M), Sep (U), Dec (Z) |
Hours (CST) | 5:00p-4:00p, Opens Sunday at 5:00p |
Margin | $750 Daytrade, $11,000 Position Trade |
Micro Emini S&P Symbol | MES |
Contract Size | $5 x E-mini Micro S&P 500 futures price |
Tick Size | 0.25 index points = $1.25 |
Exchange | CME Globex |
Contract Months | Mar (H), Jun (M), Sep (U), Dec (Z) |
Hours (CST) | 5:00p-4:00p, Opens Sunday at 5:00p |
Margin | $75 Daytrade, $1,100 Position Trade |
CME Exchange Links:
Trading Futures, Options on Futures, and commodity interest trading involves substantial risk of loss and is not suitable for all investors. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition, circumstances, and industry knowledge. You may lose all or more of your initial investment. Past results are not necessarily indicative of future results. Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, volume and other factors. An investor should understand these and additional risks before trading. Apex Futures, a division of Stage 5 Trading Corp., is a member of NFA and is subject to NFA's regulatory oversight and examinations. However, you should be aware that NFA does not have regulatory oversight authority over underlying or spot virtual currency products or transactions or virtual currency exchanges, custodians, or markets.
ApexFutures, a division of Stage 5 Trading Corp., 700 N Green Street, Suite 200 Chicago, Illinois 60642