E-Mini

(redirected from E-Mini Futures)

E-Mini

A futures contract in which the underlying asset is a small portion of an index future, which is a futures contract where the underlying asset is a stock index. For example, an e-mini may represent a fraction of an index future on the NASDAQ 100. E-minis are more affordable and easier to sell than standard index futures. However, they are still speculative investments and subject to the same risks as other futures. As with other index futures, they are settled in cash. They are traded on the Chicago Mercantile Exchange.
References in periodicals archive ?
After regular cash trading, S&P 500 e-mini futures edged down 0.
2 percent while S&P e-mini futures and Dow minis were also a touch firmer.
E-mini futures on the Standard & PoorA's 500 Index rose 0.
S&P 500 E-mini futures expiring in June were little changed after the index gained 0.
A crucial part of the puzzle is a large sell trade of E-mini futures contracts by buy-side firm Waddell and Reed.
Obviously since the release of the job report news at 8:30 am EST the S&P 500 e-mini futures tanked and are trading lower by 24.
Use of algorithms in the futures markets has come under the microscope since a joint report by the US Securities and Exchanges Commission and Commodity Futures Trading Commission identified the algorithmic execution of a large S&P 500 E-Mini futures trade by a mutual fund as playing a significant part in the 'flash crash' of 6 May 2010.
Melamed said that Globex was founded in part due to CME's belief that the retail trade would boost liquidity in E-mini stock index futures and that the product's successes - both the E-mini futures and Globex trading engine - would transform the industry.
S&P E-mini futures were little changed in Asian trade after the Standard & Poor's 500 index advanced 1.
According to a joint report by the SEC and derivatives market regulator the Commodity and Futures Trading Commission (CFTC), published on 1 October, the spark that ignited the market collapse was an attempt to sell 75,000 E-mini futures contracts by Waddell & Reed, an asset manager with a seven-decade record serving institutional and individual investors.
In 1997, it was the first electronic broker to offer retail customers direct linkage to the Chicago Mercantile Exchange's GLOBEX platform for trading of E-Mini futures and options.
Among other strong gains in 2003, RJO's customer volume grew its business in executing and clearing transactions in the S&P 500 E-Mini futures at the CME, posting 2,252,897 trades - compared to 435,500 in 2002 and 117,294 in 2001.