Micro E-mini Futures

The next big thing in equities trading is here.

An expanded offering, a smaller-sized contract

Micro E-mini futures fit seamlessly within our current product suite and give all traders a simple way to access the equity index futures markets. At 1/10th the size of a classic E-mini contract, Micro E-minis require less cash to enter the market with lower margins.

Four leading indices, for benchmark equity exposure

Product Code Contract Last Change Chart Open High Low Globex Vol

Key Benefits

Trade a slice of the most liquid equity index futures

E-mini S&P 500, Nasdaq-100, Russell 2000 and Dow ($5) futures are among the most liquid, actively traded equity index contracts available. Micro E-mini futures provide the same benefits of E-mini futures, in a smaller-sized contract.

Precisely scale index exposure up or down

Add more granularity to your trading and risk-management strategies by using Micro E-mini futures to fine-tune your index exposure.

Versatility to manage positions

Because Micro E-mini futures are fully fungible with classic E-mini contracts, you have more flexibility for managing positions as market conditions change, using the contract that best suits your goals. You also have greater access to the liquidity you need.

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: 5pm to 4:00pm,
Mon-Fri: daily trading halt from3:15pm to 3:30pm,

Minimum
Tick/ Price Fluctuation

Outright
0.25 Index points

0.25 Index points

0.10 Index points

0.50 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 am on Last Day of Trading.

Meet Micro E-mini Futures

    More about Micro E-mini futures

    Introduction to Equity Index Futures

    See how firms and individuals around the world use equity index futures.

    New to Futures?

    Learn why and how traders use futures, and how to get started.

    Individual Traders

    View tools, insights and education developed specifically for Micro E-mini futures and active individual traders.

    Fact Card

    View a PDF overview of Micro E-mini futures, including a look at contract specifications.

    FAQ

    Get answers to frequently asked questions about Micro E-mini futures, including product details and margin information.

    Press Release

    Read the original press release announcing the launch of Micro E-mini futures.

    More U.S. Equity Indices