The Next Big Thing in Equities Trading is Here

Micro E-mini Futures Are Now Live

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.

Welcome to Futures

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.

Ease of Going Short

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.

Power of Leverage

Subject to regulatory approval

Four Index Contracts / For Individual Traders

Trade the same index products as the pros, in a smaller slice.

S&P 500: Trade exposure to U.S. large-cap stocks, leading barometer of U.S. stock market

Nasdaq-100: Trade exposure to largest non-financial companies in the Nasdaq stock market

Russell 2000: Trade exposure to 2,000 U.S. small-cap stocks; leading small-cap benchmark

Dow Jones Industrial Average: Trade exposure to 30 U.S. blue-chip companies, widely followed indicator of U.S. stock market

Meet Micro E-mini Futures

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

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.


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