Meet Micro E-mini futures on the S&P 500, Nasdaq-100, Dow Jones Industrial Average and Russell 2000 indices, the next big thing in equities trading, designed with the active individual trader in mind. Discover the benefits of futures, for a fraction of the upfront financial commitment.

Trade a slice of the most liquid equity index futures

Get the same benefits that make futures a Wall Street staple, now on a main street budget. Nearly 24-hour trading, no management fees, portfolio diversification, and more.

Enjoy greater versatility in your trading strategies

Fine-tune your equity market exposure or tailor a position to reduce risk. With futures, you can go short as easily as you go long – no short-selling restrictions.

Use leverage for greater capital efficiency and exposure

Control a large contract value with a small amount of capital and no expense ratios. Add greater upside with potentially lower trading costs versus a basket of equities or ETFs.


NOW TRADING:

Micro E-mini Options

Click here to learn more.

Webinar Replay: Micro E-mini Equity Futures and Options

In this recorded webinar, David Lerman, Director of Education at CME Group, discusses the trading performance and rise in liquidity of Micro E-mini Equity futures and options and provides his insight on the following:

  • How are traders using Micro E-mini futures and options and why they are a capital efficient tool to manage risk?How are traders using Micro E-mini futures and options and why they are a capital efficient tool to manage risk?
  • How have Micro E-mini futures and options traded since launch?
  • In what ways are the retail active trader using these new contracts? Are they only a speculative tool or are there other strategies traders employ?
  • What are the impacts of recent market volatility on options and how can you align volatility with the correct strategy?
  • How will the new administration affect the markets in 2021 – and beyond?
  • What is the role of short-dated options?

Meet Micro E-mini Futures

Get to know Micro E-mini futures and what they will provide to the marketplace.

Frequently Asked Questions

Questions on Micro E-mini Futures? We have answers.


How to Add Precision to Your Delta Hedge Using Micros E-minis

The smaller size of Micro E-mini futures can help you get more granular in your delta hedging strategies – which could translate into greater trading opportunities.


Contract Specifications

Micro E-mini S&P 500 Micro E-mini Nasdaq-100 Micro E-mini Russell 2000 Micro E-mini Dow
Contract Size $5 x S&P 500 Index $2 x Nasdaq-100 Index $5 x Russell 2000 Index $0.50 x DJIA Index
Trading Hours and Venue CME Globex: Sun-Fri: 5:00 p.m. to 4:00 p.m.
Mon-Fri: Daily trading halt from 3:15 p.m. to 3:30 p.m.
Minimum Tick/ Price Fluctuation 0.25 Index points 0.25 Index points 0.10 Index points 1.00 Index points
Dollar Value of One Tick $1.25 per contract $0.50 per contract $0.50 per contract $0.50 per contract
Product Code CME Globex: MES
CME ClearPort: MES
Clearing: MES
CME Globex: MNQ
CME ClearPort: MNQ
Clearing: MNQ
CME Globex: M2K
CME ClearPort: M2K
Clearing: M2K
CME Globex: MYM
CME ClearPort: MYM
Clearing: MYM
Contract Months Five months in the March Quarterly Cycle
H, M, U, Z, H (March, June, September, December, March)
Four months in the March Quarterly Cycle
H, M, U, Z (March, June, September, December)
Delivery Cash settlement to Final Settlement Price
Termination of Trading 8:30 a.m. CT on 3rd Friday of contract delivery month
Trading in expiring futures terminates at 8:30 a.m. on Last Day of Trading.

Why Trade Futures?

Looking for new trading opportunities or more capital efficiencies in managing portfolio risk? See why futures may be right for you.


Trading ETFs? Why You Should Consider Futures

Futures offer many benefits compared to other trading instruments, such as exchange-traded funds (ETFs).