E-mini S&P 500 rollover dates
Chicago Mercantile Exchange (CME), equity index
- Tick
- $12.500.25 per tick
- One point
- $50per contract
- Initial margin
- $28,780.40exchange, as of 27 Oct 2026
- Front contract
- ESZ26roll by 10 Dec 2026
Calendar as of How we source this
Next contracts
| Contract | Month | Suggested roll | First notice | Last trade |
|---|---|---|---|---|
| ESZ26 | December 2026 | 10 Dec 2026 | — | 18 Dec 2026 |
| ESH27 | March 2027 | 11 Mar 2027 | — | 19 Mar 2027 |
| ESM27 | June 2027 | 10 Jun 2027 | — | 18 Jun 2027 |
| ESU27 | September 2027 | 9 Sept 2027 | — | 17 Sept 2027 |
Futures contracts expire, so a trader who wants to keep a position must close the expiring contract and open the next one: the roll. For E-mini S&P 500 (ES) the current front contract is ESZ26, with a last trading day of 18 Dec 2026. The next contract is ESH27.
The exchange rule we apply for ES: Last trade: 3rd Friday of the contract month (09:30 ET, special opening quotation). Cash settled, no notice day. ES is cash-settled: positions still open at expiry are closed against a final settlement price, with no delivery of anything.
The suggested roll date of 10 Dec 2026 is a convention, not an exchange rule. For equity index futures it is CME’s published roll date, eight days before expiry, when volume normally moves to the next contract. Dates are calculated from the exchange's rules and its holiday calendar. The exchange calendar is the authority.
Roll convention: CME roll date: 8 calendar days before last trade (the Thursday of the week before expiry). Exchange calendar: https://www.cmegroup.com/markets/equities/sp/e-mini-sandp500.calendar.html
Days to rollover
Questions
- When does ESZ26 expire?
- The last trading day for ESZ26 is 18 Dec 2026.
- When should I roll ES?
- Our suggested roll date for ESZ26 is 10 Dec 2026. Your broker's deadline may be earlier.
- What is the next ES contract?
- ESH27, with a last trading day of 19 Mar 2027.