The Small Exchange
- See Also

The Small Exchange

The Small Exchange offers small-sized futures contracts to traders on equity indexes, bonds, FX, energies and metals. Contracts are priced in dollars and cents and sized so that individual investors can trade them within their portfolios. Trading will be done on The Small Exchange’s self-developed trading and matching engine, designed specifically for this market.

Homepage

Currency: US Dollar (USD)

Stock Market Hours & Holidays

Trading Summary

The Small Exchange is making futures markets more accessible to more people. It offers the best of futures products that are small, standard, and simple.

Small: By reducing the size of futures products, It gives traders a manageable road to capital efficiency.
Standard: All the Smalls share the same tick size and expiration date to encourage more trading and less studying.
Simple: Futures products are holistic representations of financial markets that accelerate your ideas to execution.

Contract Lookup

Contract Size: 100× current price
Buying Power (BP) Required: Contract Quote Price × $100

Contract Month Codes

Same to other futures market.

Order Types

Limit Buy/Sell→ShortSell
Market Buy/Sell→ShortSell

Basic Market Rules

Lot Size: 1 Contract
Tick Size \ Dollar per Tick
$0.01 tick = $1.00 per tick

Schedule

Time Zone: Central Time (US)

Time	Action
6:30 am – 6:59 A.M.	Pre-open, Opening auction. Buy/sell order books may cross.
6:59 am – 7:00 A.M.	Pre-open, no cancel.
7:00 am – 4:00 P.M.	Open Regular trading session for all product instruments.
3:00 pm – 3:15 P.M.	Closed for expiring futures. On the third Friday of the month market is closed for expiring futures and final expiration settlement prices are published for the contracts. All other contracts continue to trade till 4 P.M.
4:00 pm – 4:15 P.M.	Closed Closed Market is closed.

Table of Contents