Equity IndexESCME Globex

E-mini S&P 500

About E-mini S&P 500

The E-mini S&P 500 (ES) is the world's most actively traded equity index futures contract. It provides leveraged exposure to the S&P 500 index at one-fifth the size of the standard contract. Institutional and retail traders alike use ES for speculation, hedging equity portfolios, and gaining broad US market exposure. Average daily volume regularly exceeds 1.5 million contracts.

E-mini S&P 500 Price Chart

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Contract Specifications

Contract Size: $50 × S&P 500 index value
Tick Size / Value: 0.25 index points = $12.50 per tick
Exchange: CME Globex

Trading Hours

Nearly 24 hours: Sun 18:00 – Fri 17:00 ET with a daily maintenance halt 17:00–18:00 ET. Regular trading hours (RTH) are 09:30–16:15 ET.

Margin Notes

Intraday margin varies by broker (~$500–$1,500 for day trading). Exchange maintenance margin around $12,000–$13,000.

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