 |
CME Contract Specs and Margins
Agricultural Equity Index
Currency Forest
|
Agricultural
Group |
|
Commodity |
Contract
Size |
Tick
Size |
Contract
Months |
Initial
Margin |
Maintenance
Margin |
|
Pit |
Globex |
|
Live Cattle
(LC)
GLOBEX (LE) |
40,000
pounds of 55% choice, 45% select grade live
steers |
0.00025
=$10.00 |
0.00025
=$10.00 |
Feb, Apr,
Jun, Aug, Oct, Dec, Seven months in the
February Bi-Monthly Cycle. Mar, May, Jul,
Sep, Nov, Two months in the Serial Cycle. |
$810 |
$600 |
|
Feeder
Cattle (FC)
GLOBEX (GF) |
50,000
pounds of 700 to 849 pound Medium Frame #1
and Medium and Large Frame #1 feeder steers. |
0.00025
=$12.50 |
0.00025
=$12.50 |
Jan, Mar,
Apr, May, Aug, Sep, Oct and Nov. Eight
months listed @ at time. |
$1,013 |
$750 |
|
Lean Hogs (LH)
GLOBEX (HE) |
40,000
pounds of lean value hog carcasses |
0.00025
=$10.00 |
0.00025
=$10.00 |
Nine
months of February, April, May, June, July,
August, October, and December. |
$1,080 |
$800 |
Frozen
Pork Bellies (PB)
NO GLOBEX |
40,000
pounds of frozen pork bellies, cut and
trimmed. |
0.00025=$10.00 |
Five
months of February, March, May, July and
August. |
$1,620 |
$1,200 |
Milk
(DA)
NO GLOBEX |
200,000
lbs. of fluid milk |
0.01=$20.00 |
Eighteen
consecutive months on monthly cycle. |
Months |
Margin |
Months |
Margin |
| 01-01 |
$675 |
01-01 |
$500 |
| 02-05 |
$945 |
02-05 |
$700 |
| 06-12 |
$945 |
06-12 |
$700 |
Class
IV Milk (DK)
NO GLOBEX |
200,000
lbs of milk |
0.01=$20.00 |
Twelve
consecutive months on a monthly cycle. |
Months |
Margin |
Months |
Margin |
| 01-01 |
$675 |
01-01 |
$500 |
| 02-05 |
$945 |
02-05 |
$700 |
| 06-12 |
$945 |
06-12 |
$700 |
Nonfat
Milk (NF)
NO GLOBEX |
44,000
pounds of Grade A and Extra Grade Dry Milk |
0.00025=$11.00 |
Twelve
consecutive months on a monthly cycle. |
$540 |
$400 |
|
Butter (DB)
NO GLOBEX |
40,000
pounds of Grade AA butter |
0.00025=$10.00 |
Six
months of March, May, July, September,
October, and December. |
$1,350 |
$1,000 |
Benzene
(BZ)
GLOBEX ONLY |
42,000
Gallons times the De Witt Benzene Index™
per gallon. |
0.001=$42.00 |
All
twelve calendar months with 6 consecutive
contracts listed for trading at all times. |
$2,700 |
$2,000 |
Mixed
Xylenes (MX)
GLOBEX ONLY |
42,000
Gallons times the De Witt Mixed Xylenes
Index™ per gallon. |
0.001=$42.00 |
All
twelve calendar months with 6 consecutive
contracts listed for trading at all times. |
$2,700 |
$2,000 |
Goldman
Sachs Commodity Index (GI)
GLOBEX (GD) |
$250
times the Goldman Sachs Commodity Index |
0.05
=$12.50 |
0.1
=$25.00 |
All
Twelve Calendar months. |
$3,000 |
$2,000 |
|
|
Equity
Index Group |
|
Commodity |
Contract
Size |
Tick
Size |
Contract
Months |
Initial
Margin |
Maintenance
Margin |
|
Pit |
Globex |
|
Russell
1000 Stock Price Index (RS1)
GLOBEX ONLY |
$100 times
the Russell 1000® Index$100 times the
Russell 1000® Index |
0.1=$10.00 |
Four months
in the March Quarterly Cycle. Mar, Jun, Sep,
Dec. |
$3,625 |
$2,900 |
|
S&P
500 (SP)
|
$250 times
the Standard & Poor's 500 Stock Price
Index |
0.1
=$25.00 |
0.1
=$25.00 |
Eight
months in the March quarterly cycle. Mar,
Jun, Sep, Dec. |
$17,813 |
$14,250 |
|
E-Mini
S&P 500 (ES)
GLOBEX ONLY |
$50
times the Standard & Poor's 500 Stock
Index |
0.25=$12.50 |
Two
months in the March Quarterly Cycle. |
$3,563 |
$2,850 |
| Nasdaq
100 (ND) |
$100
times the Nasdaq-100 Index® |
0.5
=$50.00 |
0.5
=$50.00 |
Three
months in the March Quarterly cycle. |
$11,250 |
$9,000 |
E-Mini
Nasdaq 100 (NQ)
GLOBEX ONLY |
$20
times the Nasdaq-100 Index |
0.5=$10.00 |
Nearest
two months in the March Quarterly Cycle.
Mar, Jun, Sep, Dec. |
$2,250 |
$1,800 |
| S&P
Midcap 400 (MD) |
$500
times the Standard & Poor's MidCap 400
Stock Price Index. |
0.05
=$25.00 |
0.05
=$25.00 |
Four
months in the March Quarterly Cycle. Mar,
Jun, Sep, Dec. |
$15,000 |
$12,000 |
E-Mini
S&P Midcap 400 (ME)
GLOBEX ONLY |
$100
times the Standard & Poor's MidCap 400
Stock Price Index. |
0.1=$10.00 |
Two
months in the March Quarterly Cycle. |
$3,000 |
$2,400 |
|
Russell
2000 Stock Index (RL) |
$500
times the Russell 2000 Stock Price Index |
0.05
=$25.00 |
0.05
=$25.00 |
Four
months in the March Quarterly Cycle. Mar,
Jun, Sep, Dec. |
$15,000 |
$12,000 |
E-Mini
Russell 2000 Index (ER)
GLOBEX ONLY |
$100
times the Russell 2000® index price |
0.1=$10.00 |
Two
months in the March Quarterly Cycle. Mar,
Jun, Sep, Dec. |
$3,000 |
$2,400 |
S&P
Small Cap 600 (EP)
GLOBEX ONLY |
$200
times the S&P SmallCap 600 Index |
0.05=$10.00 |
Four
Contracts in the March Quarterly Cycle, Mar,
Jun, Sep, Dec. |
$3,000 |
$2,400 |
NIKKEI
225 Stock Index (NK)
NO GLOBEX |
$5
times the Nikkei Stock Average |
0.05=$25.00 |
Four
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
$6,250 |
$5,000 |
S&P
500/ BARRA Growth Index (SG)
GLOBEX ONLY |
$250
times the Standard & Poor's 500/BARRA
Growth Index |
0.1=$25.00 |
Two
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
$9,375 |
$7,500 |
S&P
500/ BARRA Value Index (SU)
GLOBEX ONLY |
$250
times the Standard & Poor's 500/BARRA
Value Index |
0.1=$25.00 |
Two
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
$8,438 |
$6,750 |
Fortune
E-50 Index (FE)
GLOBEX ONLY |
$20
times the FORTUNE e-50 Index. |
0.5=$10.00 |
First
two months in the March Quarterly Cycle. Mar,
Jun, Sep, Dec. |
$625 |
$500 |
S&P
Topix 150 (TX)
GLOBEX ONLY |
¥5000
times the S&P/TOPIX 150 Stock Price
Index |
0.5=¥2500 |
Two
months in the March quarterly cycle. Mar,
Jun, Sep, Dec. |
¥156,250 |
¥125,000 |
QBI
- Quarterly Bankruptcy Index (QB)
GLOBEX ONLY |
1000
times the CME Quarterly Bankruptcy Index |
0.025=$25.00 |
Twelve
months in the March Quarterly Cycle. |
$4,050 |
$3,000 |
S&P
Financial SPCTR Index (FS)
GLOBEX ONLY |
20
Euros times the S&P Europe Index |
0.1=$12.50 |
Two
months in the March Quarterly Cycle, Mar, Jun,
Sep, Dec. |
$2,375 |
$1,900 |
S&P
Technology SPCTR Index (TS)
GLOBEX ONLY |
$125
times the The Financial SPCTR Index |
0.1=$12.50 |
Two
months in the March Quarterly Cycle, Mar, Jun,
Dec, Sep. |
$1,750 |
$1,400 |
| Currency
Group |
| Commodity |
Contract
Size |
Tick
Size |
Contract
Months |
Initial
Margin |
Maintenance
Margin |
| Pit |
Globex |
Australian
Dollar (AD)
GLOBEX (6A) |
100,000
Australian dollars |
0.0001
=$10.00 |
0.0001
=$10.00 |
Six
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
$1,080 |
$800 |
|
CME$INDEX™
(DR)
GLOBEX (USD) |
$1,000
times the CME$INDEX™ (approximately
$106,450) |
0.01
=$10.00 |
0.01
=$10.00 |
Six
months in the March Quarterly Cycle. March,
June, September, December. |
$1,485 |
$1,100 |
Cross
Rate Australian Dollar/Canadian Dollar (AC)
GLOBEX ONLY |
200,000
Australian dollars |
0.0001=20.00
CAD |
Six
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
CAD2,835 |
CAD2,100 |
Cross
Rate Australian Dollar/Japanese Yen (AJ)
GLOBEX ONLY |
200,000
Australian dollars |
0.01=
2,000 JPY |
Six
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
¥310,500 |
¥230,000 |
Cross
Rate Australian Dollar/New Zealand Dollar
(AN)
GLOBEX ONLY |
200,000
Australian dollars |
0.0001=20
NZD |
Six
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
NZD4,050 |
NZD3,000 |
Cross
Rate British Pound/Japanese Yen
(BY)
GLOBEX ONLY |
125,000
British pounds |
0.01=
1,250 JPY |
Six
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
¥552,150 |
¥409,000 |
Cross
Rate British Pound/Swiss Franc (BF)
GLOBEX ONLY |
125,000
British pounds |
0.0001=
12.50 CHF |
Six
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
CHF3,780 |
CHF2,800 |
Cross
Rate Canadian Dollar/Japanese Yen
(CY)
GLOBEX ONLY |
200,000
Canadian dollars |
0.01=2000
JPY |
Six
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
¥421,200 |
¥312,000 |
Cross
Rate Euro FX/Australian
Dollar (CA)
GLOBEX ONLY |
125,000
Euro |
0.00005=12.5
AUD |
Six
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
AUD4,860 |
AUD3,600 |
Cross
Rate Euro FX/Canadian
Dollar (CC)
GLOBEX ONLY |
125,000
Euro |
0.0001=12.50
CAD |
Six
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
CAD4,050 |
CAD3,000 |
Cross
Rate Euro FX/Norwegian
Krone (CN)
GLOBEX ONLY |
125,000
Euro |
0.0005=62.5
NOK |
Six
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
NKr19,575 |
NKr14,500 |
| Cross
Rate Euro FX/British
Pound (RP) |
125,000
Euro |
0.00005
=6.25 BP |
0.00005
=6.25 BP |
Six
months in the March, June, September, December
quarterly cycle. |
£1,418 |
£1,050 |
| Cross
Rate Euro FX/Japanese Yen (RY) |
125,000
Euro |
0.01
=1,250 Yen |
0.01
=1,250 Yen |
Six
months in the March Quarterly cycle, Mar, Jun,
Sep, Dec. |
¥367,200 |
¥272,000 |
| Cross
Rate Euro FX/Swiss
Franc (RF) |
125,000
Euro |
0.0001
=12.50 SF |
0.0001
=12.50 SF |
Six
months in the March Quarterly cycle, Mar, Jun,Sep,
Dec. |
CHF1,688 |
CHF1,250 |
Cross
Rate Euro FX/Swedish
Krona (KE)
GLOBEX ONLY |
125,000
Euro |
0.0005=62.5
SEK |
Six
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
SKr15,120 |
SKr11,200 |
Cross
Rate Swiss Franc/Japanese Yen
(SJ)
GLOBEX ONLY |
250,000
Swiss francs |
0.005=1,250
JPY |
Six
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
¥438,750 |
¥325,000 |
Norwegian
Krone (UN)
GLOBEX ONLY |
2,000,000
Norwegian kroner |
0.00001=$20.00 |
Six
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
$675 |
$500 |
Swedish
Krona (SE)
GLOBEX ONLY |
2,000,000
Swedish kronor |
0.00001=$20.00 |
Six
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
$3,915 |
$2,900 |
| British
Pound (BP) |
62,500
pounds sterling (British pounds) |
0.0002
=$12.50 |
0.0002
=$12.50 |
Six
months in the March Quarterly Cycle Mar, Jun,
Sep, Dec. |
$1,485 |
$1,100 |
| Canadian
Dollar (CD) |
100,000
Canadian dollars |
0.0001
=$10.00 |
0.0001
=$10.00 |
Six
months in the March Quarterly Cycle, Mar, Jun,
Sep, Dec. |
$1,148 |
$850 |
Euro
FX
(EC) |
125,000
Euro |
0.0001
=$12.50 |
0.0001
=$12.50 |
Six
months in the March Quarterly Cycle. Mar, Jun,
Sep, Dec. |
$2,700 |
$2,000 |
E-Mini
Euro FX (E7)
GLOBEX ONLY |
62,500
Euro |
0.0001=$6.25 |
Two
months in the March Quarterly Cycle, Mar, Jun,
Sep, Dec. |
$1,350 |
$1,000 |
| Japanese
Yen (JY) |
12,500,000
Japanese yen |
0.000001
=$12.50 |
0.000001
=$12.50 |
Six
months in the March Quarterly Cycle, Mar, Jun,
Sep. Dec. |
$2,160 |
$1,600 |
E-Mini
Japanese Yen (JY)
GLOBEX ONLY |
6,250,000
Japanese yen |
0.000001=$6.25 |
Two
months in the March Quarterly Cycle, Mar, Jun,
Sep, Dec, |
$1,080 |
$800 |
Swiss
Franc
(SF) |
125,000
Swiss francs |
0.0001
=$12.50 |
0.0001
=$12.50 |
Six
months in the March Quarterly cycle, Mar, Jun
Sep, Dec. |
$1,823 |
$1,350 |
Mexican
Peso
(MP) |
500,000
Mexican pesos |
0.000025
=$12.50 |
0.000025
=$12.50 |
Thirteen
consecutive calendar months plus two deferred
March quarterly cycle contracts. |
$3,125 |
$2,500 |
Brazilian
Real
(BR) |
100,000
Brazilian reais |
0.00005
=$5.00 (half tick) |
0.00005
=$5.00 (half tick) |
Twelve
consecutive calendar months. |
$5,600 |
$4,000 |
New
Zealand Dollar
(NE) |
100,000
New Zealand dollars |
0.0001
=$10.00 |
0.0001
=$10.00 |
Six
months in the March Quarterly cycle, Mar, Jun,
Sep, Dec. |
$945 |
$700 |
| Russian
Ruble (RU) |
2,500,000
Russian rubles |
0.00001
=$25.00 |
0.00001
=$25.00 |
Four
months in a Quarterly Cycle, Mar, Jun, Sep,
& Dec. |
$3,000 |
$2,000 |
| South
African Rand (RA) |
500,000
South African rand |
0.000025
=$12.50 |
0.000025
=$12.50 |
Thirteen
consecutive calendar months plus two deferred
March quarterly cycle contracts. |
$3,240 |
$2,400 |
| Forest
Group |
| Commodity |
Contract
Size |
Tick
Size |
Contract
Months |
Initial
Margin |
Maintenance
Margin |
Lumber
(LB)
NO GLOBEX |
110,000
bd. ft. of random lengths 2x4s (8' to 20') |
0.1=$11.00 |
Seven
months of January, March, May, July,
September, and November. |
$2,475 |
$1,650 |
|
|
|
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