- published: 13 Feb 2008
- views: 82167
E-Mini S&P, often abbreviated to "E-mini" (despite the existence of many other E-mini contracts) and designated by the commodity ticker symbol ES, is a stock market index futures contract traded on the Chicago Mercantile Exchange's Globex electronic trading platform. The notional value of one contract is US$50 times the value of the S&P 500 stock index.
It was introduced by the CME on September 9th, 1997, after the value of the existing S&P contract (then valued at $500 times the index, or over $500,000 at the time) became too large for many small traders. The E-Mini quickly became the most popular equity index futures contract in the world. The original ("big") S&P contract was subsequently split 2:1, bringing it to $250 times the index. Hedge funds often prefer trading the E-Mini over the big S&P since the latter still uses the open outcry pit trading method, with its inherent delays, versus the all-electronic Globex system. The current average daily implied volume for the E-mini is over $140 billion, far exceeding the combined traded dollar volume of the underlying 500 stocks.[citation needed]
This is the War
This is your Name
This is the War in your Name
Why do you come here?
Why do you blame?
Why do you come here, in their name?
It's crippled life
Crippled you
It's desperate times no confrontation
This is the War
This is your Name
This is the War in your Name
We are here to FUCK YOU
We came here to FUCK YOU
We are here to FUCK YOU
We came here to FUCK YOU
Teacher of life
Teaches you to spread your legs and don't ask no questions
Preacher of life
Preaches to sucking cock and moral dehydration
This is the War
This is your Name
This is the War in your Name
We are here to FUCK YOU
We came here to FUCK YOU
We are here to FUCK YOU
We came here to FUCK YOU
Criminal lies
Criminal
This is how...
This is the war in your name
We are here to FUCK YOU