Page 32 - Futures Money Machine-Study Session #3
P. 32
Understanding Futures
The daily settlement prices for the e-mini contracts are the same as the regular-sized contract (based on
contract month). As a result, a position with five e-mini S&P 500 futures contracts (that each trade at one-fifth
the size of the full-sized contract) has the same financial value as one full-sized contract in the same contract
month (assuming both positions are on the same side of the market).
The most popular e-mini stock index futures contracts include the:
• E-mini S&P 500 (ES)
• E-mini NASDAQ-100 (NQ)
• E-mini Dow (YM)
• E-mini S&P MidCap 400 (EMD)
• E-mini Russell 2000 (TF)
The ES, NQ, YM and EMD are electronically traded on the CME Globex platform, while the TF trades on the
Intercontinental Exchange (ICE) electronic trading platform.
