S&P GSCI Futures

S&P GSCI futures and options on futures were introduced in 1992. The Goldman Sachs Commodity Index (GSCI) is a world production-weighted commodity index made up of liquid, exchange-traded futures contracts.

The S&P GSCI provides investors benchmark for investment performance in the commodity markets. The index is designed to be tradable, readily accessible and cost efficient. The GSCI is widely recognized as a leading measure of general commodity price movements and inflation in the world economy.

Contract Specifications:

Trade Unit: $250 times the Goldman Sachs Commodity Index

Point Descriptions: .05 index points = $12.50

Contract Listing: All Twelve Calendar months.

Strike Price: Interval N/A

Product Code:

Clearing: GI

Ticker: GI

GLOBEX: GD

Floor Trading: Hours 7:55 a.m.-1:40 p.m.

Minimum Fluctuation Regular: 0.05=$12.50

CME Globex:

Hours: Mon/Thur 5:00 p.m.-1:40 p.m. & 2:00 p.m.-4:00 p.m.; Sun & Hol 5:00 p.m.-1:40 p.m.

Listed: Front month only

Limits: Implemented 2/9/03, Bands have been established that are 5 GSCI index points above or below the “CME Last Price”.

Minimum Fluctuation: Regular 0.10=$25.00