Each sp 500 emini contract is $50x the value of the SP 500. For example if the sp 500 is priced at 1,250 points, each contract will be worth $62,500. This is the price of the SP500 multiplied by 50.
Each 0.25 point fluctuation of the contract is worth $12.50.
Margin requirements for this contract are:
Inital Margin: $4,500
Maintenance Margin: $3,600
This emini contract is traded on the GLOBEX Futures exchange. There are four contracts offer per year in March, June, September and December.
The symbol for this contract is: ES
Return from SP Emini to Emini Future Trading