Ticker Symbol: SP

Trading Unit: S&P 500 Index X $250

Price Quote: Index points

Min Price Fluct: .05 index pts. - $25.00/contract

Daily Price Limit: In December 1990, S&P 500 futures price limits were amended to allow a 5-point opening limit, a 12-point (down) intermediate limit, and a 20 point daily limit.

Contract Months: Mar, Jun, Sep, Dec

Trading Hours : (Chicago Time) 8:30 am-3:15 pin

Last Day of Trading: The business day immediately preceding the day of determination of the Final Settlement Price; normally the Thursday prior to the third Friday of the contract month.

Settlement: All open positions at the close of the final trading day are settled in cash to the Special Opening Quotation on Friday morning of the S&P 500 Stock Price Index.