What is the Full Form of SPFKZA ?

SPFKZA Full Form in Hindi – SPFKZA क्या है और इसका फुल फॉर्म | आज के इस पोस्ट में हम SPFKZA के बारे में जानकारी देने वाले है तो इसे पूरा जरूर पढ़े।

Do you want to know What does SPFKZA mean? What is the full form of SPFKZA ?. Are you looking for What does SPFKZA mean? Are you looking for What does SPFKZA mean? What is the full form of SPFKZA? What is SPFKZA stand for? On this page, We talk about the various possible acronym, abbreviation,

Full Form of SPFKZA - S&p 500 Emini Futures

S&p 500 Emini Futures - 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 50 times the value of the S&P 500 stock index; thus, for example, on June 20, 2018, the S&P 500 cash index closed at 2,767.32, making each E-mini contract a $138,366 bet.According to US government investigations, the sale of 75,000 E-mini contracts by a single trader was the trigger to cause the 2010 Flash Crash. According to the SEC/CFTC report, the firm "accidentally instructed its trading program to dump them all in a series of sell orders over 20 minutes, rather than spreading the sell orders out over a much longer time period".This claim was later addressed by the Chicago Mercantile Exchange, not mentioning any "accident" and implying the program was a methodical hedge whose execution generated "less than 9% of the volume during the" twenty minutes.