E-mini S&P, often abbreviated to "E-mini" (despite the existence of many other E-mini contracts) and designated by the commodity ticker symbol ES, is a stock market index futures contract traded on the Chicago Mercantile Exchange. The notional value of one contract is 50 times the value of the S&P 500 stock index; thus, for example, on December 04, 2024, the S&P 500 cash index closed at 6,098.50, making each E-mini contract a $304,925 bet.
E-mini S&P, often abbreviated to "E-mini" (despite the existence of many other E-mini contracts) and designated by the commodity ticker symbol ES, is a stock market index futures contract traded on the Chicago Mercantile Exchange. The notional value of one contract is 50 times the value of the S&P 500 stock index; thus, for example, on December 04, 2024, the S&P 500 cash index closed at 6,098.50, making each E-mini contract a $304,925 bet.
Source: Wikipedia "E-mini S&P" · CC BY-SA 4.0
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