What Is Emini?

What is Emini?
Emini, also known as E-mini, as well as the S&P Emini, is a term given to stock market index futures contracts traded on the Chicago Mercantile Exchange’s Globex electronic trading platform.
Stock index futures are contracts to buy or sell a specific stock index at a specific price on a specific date in the future. Mini contracts are simply smaller versions of regular contracts and require less money to trade. E-mini contracts are available on a wide range of indexes such as the Nasdaq 100, S&P 500, S&P MidCap 400 and Russell 2000.