S&P 500 Futures
& Options
Split in Half!!!
Effective October 31, 1997, after the
close of business, the Chicago Mercantile Exchange will halve the
S&P 500 Futures and Options contract multiplier to $250.00.
Other changes include: a minimum tick size will move up to .10
points (equal to $25.00); an increase in position limits to
20,000 contracts; and the margins will be cut in half to reflect
the split. The minimum tick size for calendar spreads will remain
at .05 points (equal to $12.50). Each S&P 500 futures option
will continue to expire into one S&P 500 futures contract.
The contract revisions apply to existing
as well as newly listed contracts and will not affect the index
level of the S&P 500 Stock Index.
For
additional information please call 1-800-878-6070

Home
Contents
Registration
Security
Market Research
The Rules
and Regulations of the different Commodity Exchange should be consulted as the
authoritative source for information, rules and contract specifications.
PLEASE NOTE THAT THERE IS AN INHERENT RISK OF LOSS ASSOCIATED WITH TRADING
FUTURES AND OPTIONS CONTRACTS. EMPLOYEES OF FUTURES TECHNOLOGY, LLC PROVIDE
INFORMATION BASED ON SOURCES WE CONSIDER RELIABLE, BUT THERE IS NO GUARANTEE
THAT THE INFORMATION WE PROVIDE WILL RESULT IN PROFITABLE TRADES. PLEASE
CAREFULLY CONSIDER YOUR FINANCIAL CONDITION BEFORE INVESTING IN FUTURES AND
OPTIONS CONTRACTS. FUTURES TRADING IS NOT SUITABLE FOR ALL INVESTORS.
PAST PERFORMANCE IS NOT NECESSARY INDICATIVE OF FUTURE RESULTS.
This Site is Designed, Built and
Maintained by Jerry Hodges
Copyright © Futures Technology 2008, All rights
reserved.
Revised: 22 February, 2008