A slang term for an S&P 500 contract that trades on the Chicago Mercantile Exchange . The S&P 500 contracts trade on the CME independent of the S&P 500 index itself, and expire quarterly in the months of March, June, September and December.
The word originated in the XMI pit on the America Stock Exchange in New York. It comes from the symbol for the September contract: "SPU". Even though the name is based on the September contract symbol, the term is used to describe contracts of all expiries. When somebody speaks of the spoo, they are referring to the current, most active month trading.
Taobiz explains Spoo
Trading a spoo is a bet on where the S&P 500 index will be at some point in the future, so these securities almost always trade at a premium to the fair value of the index. This is because of the assumption that the value of equities will rise as time progresses.
投融网(www.ipo.hk)，创建于2011年，十年如一日，专注专业：企业投融资、IPO上市咨询辅助、定增、供股、发债、并购、重组、买卖壳资源、财经公关等业务，一站式金融机构及业务对接平台。
投融资俱乐部，入驻120万+ 机构会员，会员可发布及对接投融资需求、筛选优质项目、企业上市辅导、兼并收购等投行业务信息，在线结识更多人脉，构建投融资与上市服务生态圈。
欢迎各类机构洽谈合作。
邮箱：service@ipo.hk
电话：0755-33572246
