The CME Contract Specifications pages on the CME's Web site have been
updated to reflect the following: SPCTR
TM stock index futures are based on industry-specific sector indexes comprising the benchmark S&P 500® index. With continued interest in indexing, the SPCTR contracts accommodate trading interest in the performance of the nine sectors making up the benchmark S&P 500 Composite Index. These products offer a range of new spreading and hedging opportunities for traders and stock market investors, as well as sector allocation strategies for money managers.
Trading in the S&P SPCTRS Index Futures on the Chicago Mercantile Exchange commences on September 23rd 2002.
This contract will be available for trading exclusively on the Globex electronic trading platform.
