Mumbai: National Stock Exchange (NSE) announced that trading in S&P CNX Nifty Futures on Chicago Mercantile Exchange (CME) will start from July 19. In March 2010, NSE and CME had announced cross-listing arrangements including license agreements covering benchmark indexes for US and Indian equities. CME will introduce two new contracts designed to access India's market opportunities,E-mini and E-micro Nifty futures. The contract size of e-mini contracts will be $ 10 into the value of the Nifty index on that day and the e-micro contracts will be $2 into the value of the Nifty index on NSE on that day, the exchange said in a statement here. Under the cross-listing arrangements, the Nifty that tracks 22 sectors of the Indian economy, has been made available to CME for the creation and listing of US dollar denominated futures contracts for trading on CME. The license to the Nifty 50 from NSE's affiliate India Index Services & Products Ltd. (IISL) which is exclusive to CME group within America and Europe, is in addition to the existing licensing arrangement between Singapore Exchange Limited (SGX) and IISL, the release said. These contracts will be traded on the CME Globex platform, providing access to participants around the world. Investors can trade for nearly 23 hours on CME Globex.