E-mini

RECENT NEWS
FX Street  Apr 14  Comment 
S&P 500 plunges through critical 1823.5 support; 10 month trend line in the crosshairs!... For more information, read our latest forex news and reports.
FX Street  Apr 11  Comment 
S&P 500 poised at critical 1823.5 support Whipsaw price action through this week has finally... For more information, read our latest forex news and reports.
FX Street  Apr 8  Comment 
S&P 500 switch to neutral theme, threat of bear bias through 1834.0. We stated on our Monday... For more information, read our latest forex news and reports.
FX Street  Apr 7  Comment 
S&P 500 bull theme intact (for now), but immediate risk lower An aggressively bearish outside... For more information, read our latest forex news and reports.
FX Street  Apr 4  Comment 
S&P 500 future bull bias for 1900.0 (and above) A prod still higher on Thursday and a resilient... For more information, read our latest forex news and reports.
FX Street  Apr 2  Comment 
S&P 500 bull theme for 1887.5 and 1900.0 A strong push higher, building on the Monday reversal... For more information, read our latest forex news and reports.
FX Street  Mar 28  Comment 
S&P 500 negative theme reinforced We stated in our last client report that “we see the... For more information, read our latest forex news and reports.
FX Street  Mar 27  Comment 
S&P 500 negative bias and risk of a bear shift A bearish outside pattern within the range, yet... For more information, read our latest forex news and reports.
FX Street  Mar 24  Comment 
Friday bullish failure leaves risk to 1842.0 support and below An abject bullish failure Friday... For more information, read our latest forex news and reports.
FX Street  Mar 19  Comment 
SP500 E-mini Poised into FOMC; Top Intact for Now Broader breakout parameters 1882.25 and 1822.25;... For more information, read our latest forex news and reports.




 
TOP CONTRIBUTORS

E-minis are a family of futures contracts offered by the Chicago Mercantile Exchange. They are a way to invest in US stock indices such as the S&P 500 and the NASDAQ 100.

Unlike index ETFs, which are backed by stocks in an index, these contracts are backed by a counter-party taking an opposite position on the contract. For example: If investor A buys an e-mini contract on the S&P 500, and investor B shorts an e-mini contract on S&P 500, it means that investor B agrees to pay investor A if the index rises and vice versa. Since these contracts are backed by cash, they allow investors to take a levered position on the index-- i.e. the investor in these contracts can buy them and put up from anywhere between 5% and 20% of the cash the investor would have to put up to invest in an index ETF, such as the SPDRs (the rest is covered by borrowed money).

Since they are not backed by stocks, investors give up dividend income by investing in these contracts.

These contracts are available through a licensed Series 3 commodity futures broker, and are open for trading throughout the week (even at nights), with the exception of Friday night to Sunday morning (Chicago Time).[1]

Launched in 1997, these contracts have become popular. As of December 2004, on average over 700,000 of S&P 500 contracts and 300,000 NASDAQ 100 contracts were traded every day.[2]

As of 2008, CME offered E-mini contracts on the following indices:


References

  1. ↑ Chicago Mercantile Exchange, retrieved November 14, 2008
  2. ↑ Chicago Mercantile Exchange, retrieved November 14, 2008
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki