How to Trade Google Single Stock Futures ( SGOOG & XGOOG )

Q: How many shares does XGOOG represent?

XGOOG represents exposure equivalent to 10 Google shares.

Q: How many shares does SGOOG represent?

SGOOG represents exposure equivalent to 100 Google shares.

Q: Can I short Google futures?

Yes. Traders can establish short futures positions without the stock-borrowing process associated with shorting shares.

Q: Can Google futures be traded outside normal stock market hours?

Yes, CME Single Stock Futures have extended futures trading hours.

Q: Do Google futures give me Google shares?

No. The contracts are financially settled.

Q: What are the margin requirements for Google Futures?

If SGOOG were trading at $200, one standard contract would have approximately $20,000 in notional value. At the 15% minimum, that would equal about $3,000 in margin. A Micro XGOOG contract at the same price would have approximately $2,000 in notional value, or about $300 at 15%. Actual required margin may be higher

Trading Information

August 11, 2026

Want to trade Google without buying or shorting Google shares directly?

CME Group offers Google Futures (SGOOG) and Micro Google Futures (XGOOG), giving futures traders two contract sizes for taking a long or short view on Google’s stock price. The standard contract represents 100 shares, while the Micro represents 10 shares.

Through Lincoln Park Financial, eligible traders can get set up to access CME Single Stock Futures through supported clearing and trading-platform arrangements.

Lincoln Park Financial is listed on CME Group’s “Where to Trade Single Stock Futures” broker directory.

Google Futures Contract Sizes

	SGOOG	XGOOG
Contract	Google Futures	Micro Google Futures
Contract Size	100 shares	10 shares
$1 Google Move	$100	$10
Minimum Price Move	$0.01	$0.01
Tick Value	$1.00	$0.10
Settlement	Financial	Financial

What Are Google Single Stock Futures?

The easiest way to think about them is:

You’re trading Google’s price movement through a futures contract instead of owning Google shares.

Think Google is going higher? You can go long.

Think Google is going lower? You can go short.

The contracts are financially settled, so you don’t receive or deliver Google shares at expiration.

Learn more about CME Single Stock Futures →

How Much Does a Move in Google Futures mean?

Suppose Google futures move from $350 to $355, a $5 move.

Contract	Contract Size	Price Move	Calculation	Approx. P/L per Contract*
SGOOG	100 shares	$5	$5 × 100	$500
XGOOG	10 shares	$5	$5 × 10	$50

So with the Micro contract, every $1 move represents approximately $10 per contract. With the standard contract, every $1 move represents approximately $100.

*Profit or loss depends on trade direction and entry/exit prices. Examples exclude commissions, exchange fees and other applicable trading costs.

Why Trade Google Futures?

Trade Google Directly

If your market view is specifically about Google, Single Stock Futures let you isolate that exposure instead of trading an entire equity index.

Go Long or Short

You can buy Google futures when you’re bullish or sell them when you’re bearish.

Extended Trading Hours

Google and Micro Google futures trade nearly 24 hours a day, giving traders additional time to respond to market-moving developments outside regular U.S. stock-market hours