CME Group E-mini S&P SmallCap 600

E-mini S&P SmallCap 600 Futures	E-mini S&P SmallCap 600 Futures
Contract Unit 	$100 x S&P SmallCap 600 Index
Trading Hours 	CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. Eastern Time (ET) with trading halt 4:15 p.m. - 4:30 p.m.
Clearport: Sunday - Friday 6:00 p.m. - 5:00 p.m. ET
Clearport BTIC: Sunday - Friday 6:00 p.m. - 4:00 p.m. ET
Minimum Price Fluctuation 	Outrights: 0.10 index points=$10.00
Calendar Spread: 0.05 index points=$5.00
BTIC: 0.05 index points=$1.00
Product Code 	CME Globex: SMC
CME ClearPort: SMC
Clearing: SMC
BTIC: SMT
Listed Contracts 	Five months in the March Quarterly Cycle (Mar, Jun, Sep, Dec)
Settlement Method 	Financially Settled
Termiantion of Trading 	Trading can occur up to 9:30 a.m. Eastern Time (ET) on the 3rd Friday of the contract month
Settlement Procedures 	Settlement Procedures
Position Limits 	CME Position Limits
Exchange Rulebook 	CME 368
Price Limit or Circuit 	Price Limits
Vendor Codes 	Quote Vendor Symbols Listing
E-mini S&P SmallCap 600 Options	E-mini S&P SmallCap 600 Options 	E-mini S&P SmallCap 600 Options
Contract Unit 	One E-mini S&P SmallCap 600 futures contract 	One E-mini S&P SmallCap 600 futures contract
Minimum Price Fluctuation 	Outright: 	0.10 index points = $10.00
Minimum Price Fluctuation 	HALF TICK: 	0.05 index points = $5.00
Trading Hours 	CME Globex: 	Sunday - Friday 6:00 p.m. - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with 15-minute trading halt Monday – Friday 4:15 p.m. - 4:30 p.m. ET (3:15 p.m. - 3:30 p.m. CT) and a 60-minute break each day beginning at 5:00 p.m. ET (4:00 p.m. CT).
Trading Hours 	CME ClearPort 	Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Product Code 	CME Globex: SMC
CME ClearPort: SMC
Clearing: SMC 	CME Globex: SMC
CME ClearPort: SMC
Clearing: SMC
Listed Contracts 	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 consecutive quarters and 2 serial months 	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 consecutive quarters and 2 serial months
Termination of Trading 	Quarterly contracts terminate at 8:30 a.m. CT on the 3rd Friday of the contract month.
Serial contracts terminate at 4:00 p.m. CT on the 3rd Friday of the contract month	Quarterly contracts terminate at 8:30 a.m. CT on the 3rd Friday of the contract month.
Serial contracts terminate at 4:00 p.m. CT on the 3rd Friday of the contract month
Position Limits 	CME Position Limits 	CME Position Limits
Exchange Rulebook 	CME 368A 	CME 368A
Price Limit or Circuit 	Price Limits 	Price Limits
Vendor Codes 	Quote Vendor Symbols Listing 	Quote Vendor Symbols Listing
Strike Price Listing Procedures	Deferred month: 5-point intervals. Once the contract becomes the second nearest contract, 2.5-point intervals will be available	Deferred month: 5-point intervals. Once the contract becomes the second nearest contract, 2.5-point intervals will be available
Exercise Style 	American 	American
Settlement at Expiration 	Option exercise results in a position in the underlying cash-settled Futures contract. Options which are in-the-money on the last day of trading are automatically exercised.
In-the-money QUARTERLY OPTIONS, in the absence of contrary instructions delivered to the Clearing House by 7:00 p.m. ET on the day of the expiration, are exercised automatically into expiring cash-settled futures, which settle to the SOQ calculated the morning of the 3rd Friday of the contract month.
In-the-money SERIAL OPTIONS, in the absence of contrary instructions delivered to the Clearing House by 7:00 p.m. on the day of the expiration, shall be exercised automatically on serial option expiration day.
An option can be exercised until 6:30 p.m. ET on any business day the option is traded.
QUARTERLY OPTIONS - Unexercised in-the-money options will be automatically exercised at 6:30 p.m. ET on the day of determination of the Final Settlement Price.
SERIAL OPTIONS - Unexercised in-the-money options will be automatically exercised at 6:30 p.m. ET on Serial Option expiration day.	Option exercise results in a position in the underlying cash-settled Futures contract. Options which are in-the-money on the last day of trading are automatically exercised.
In-the-money QUARTERLY OPTIONS, in the absence of contrary instructions delivered to the Clearing House by 7:00 p.m. ET on the day of the expiration, are exercised automatically into expiring cash-settled futures, which settle to the SOQ calculated the morning of the 3rd Friday of the contract month.
In-the-money SERIAL OPTIONS, in the absence of contrary instructions delivered to the Clearing House by 7:00 p.m. on the day of the expiration, shall be exercised automatically on serial option expiration day.
An option can be exercised until 6:30 p.m. ET on any business day the option is traded.
QUARTERLY OPTIONS - Unexercised in-the-money options will be automatically exercised at 6:30 p.m. ET on the day of determination of the Final Settlement Price.
SERIAL OPTIONS - Unexercised in-the-money options will be automatically exercised at 6:30 p.m. ET on Serial Option expiration day.
Settlement Method 	Deliverable 	Deliverable
Underlying 	E-mini S&P 600 SmallCap Futures 	E-mini S&P 600 SmallCap Futures
== Notes ==
== Resources ==
CME Group E-mini S&P SmallCap 600 Contract Specifications
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