CN 
EN 
The CME Group has launched new financially-settled Micro E-mini S&P 500 and Nasdaq-100 options.
The key benefit is cash settlement at expiry – no futures assignment, no physical delivery mechanics to manage.
Summary Table:
|
|
Micro E-mini Options (Existing) |
Micro Options (New) |
|
Symbols |
MES | MNQ X1A–X5A | D1A–D5A X1B–X5B | D1B–D5B X1C–X5C | D1C–D5C X1D–X5D | D1D–D5D EX1, EX2, EX4 | MQ1, MQ2, MQ4 EX3 | MQ3 EX | MQE |
Micro E-mini S&P 500 Monday Weekly: MS1A–MS5A Tuesday Weekly: MS1B–MS5B Wednesday Weekly: MS1C–MS5C Thursday Weekly: MS1D–MS5D Friday Weekly: MS1E–MS5E
Micro E-mini Nasdaq-100 Monday Weekly: MN1A–MN5A Tuesday Weekly: MN1B–MN5B Wednesday Weekly: MN1C–MN5C Thursday Weekly: MN1D–MN5D Friday Weekly: MN1E–MN5E |
|
Settlement |
Physically-settled (deliverable into Micro E-mini futures) |
Cash-settled |
|
Contract Size |
1/10th of standard E-mini options |
1/10th of standard E-mini options |
|
Expiry Cadence |
Standard monthly + weekly series |
Short-dated, Monday–Friday daily expiries |
|
Exercise Procedure |
Weeklies: European, PM-expiring. Quarterly (MES/MNQ): American, AM-expiring |
European-style, p.m.-expiring options |
注意：
- Effective Monday, 13 July 2026, CME will cease listing any additional expiries for the existing physically-settled Options on Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures.
- The various weekly series (Monday–Thursday and Friday Weekly 1/2/4) will be permanently delisted progressively between 14 July and 14 August 2026, End-of-Month series by 30 September 2026, Friday Week 3 and the standard monthly Options will continue trading through their last listed contract month before permanent delisting on 18 December 2026. Hence, liquidity will progressively shift to the newer contracts.
For more details on the new contracts, please refer to the FAQ on CME Group’s website 此处.