U.S. Futures Exchange (USFE) provides investors with a new way to trade different ends of the stock market with its cash-settled futures contracts on each of the nine Morningstar Style Box™ indexes. Trade small caps against large caps, value against growth, or any other combination of strategies that are best for you. Balance your portfolio without trading a share of stock. USFE’s Morningstar Style Index futures contracts make hedging your portfolio simple and cost efficient. Click here to download printable fact sheet. Benefits Target any part of the market: Large Growth, Large Core, Large Value, Mid Growth, Mid Core, Mid Value, Small Growth, Small Core, Small Value Trade electronically, real-time, any time during the U.S. market day Use your existing futures brokerage account or open a new account with any of the futures brokers connected to USFE Access continuous markets with competitive bid/ask spreads provided by USFE’s dedicated market makers See free, live comprehensive order/quote books on USFE’s website Enjoy the opportunity to place orders and get filled inside the quoted market Incorporate standard futures-style leverage, long or short, thanks to margin trading Trade with all the safety, security, and protections that a fully U.S. regulated and cleared futures exchange provides Contract Specifications FMLC - Large Cap Core FMLG - Large Cap Growth FMLV - Large Cap Value FMMC - Medium Cap Core FMMG - Medium Cap Growth FMMV - Medium Cap Value FMSC - Small Cap Core FMSG - Small Cap Growth FMSV - Small Cap Value Contract Details Trading Hours: 7:15 a.m. - 4:00 p.m., Monday through Friday, Chicago time Contract Months: March, June, September, December Last Trading Day: Third Friday of the contract month. Trading in the expiring contract ceases at 8:30 a.m. Chicago time on the third Friday of the expiration month Final Settlement Price: The final settlement price is based on the opening prices of the component stocks on the last trading day as reported by Morningstar.