The Next Big Thing in Equities Trading is Here

Micro E-mini Futures. Now trading.





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

Webinar Archive: Micro E-mini Futures Overview

Watch CME Group Dave Lerman’s archived session as he walks through how to trade Micro E-mini futures.

As you get ready to start trading CME Group’s new smaller-sized futures contracts, find out everything you need to know.

In the webinar, Dave will talk about:

  • Compelling reasons to trade Micro E-mini futures
  • Contract specifications, margins, margin offsets and fungibility
  • Micro E-mini futures versus ETFs and why you should choose Micros
  • And much more

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.

INTRO TO FUTURES

Trading ETFs? Why You Should Consider Futures

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

The information in the market commentaries have been obtained from sources believed to be reliable, but we do not guarantee its accuracy and expressly disclaim all liability. Neither the information nor any opinions expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts. The information on this site compiled by CME Group is for general purposes only. All information and data herein is provided as-is. Additionally, all examples on this site are hypothetical situations, used for explanation purposes only, and should not be considered investment advice or the results of actual market experience. CME Group assumes no responsibility for any errors or omissions. CME Group, its affiliates and any third party information and content providers expressly disclaim all liability with respect to the information and data contained herein including without limitation, any liability with respect to the accuracy or completeness of any data. You use the data herein solely at your own risk. All data and information provided herein is not intended for trading purposes or for trading advice. All matters pertaining to rules and specifications herein are made subject to and superseded by official CME, CBOT, NYMEX and COMEX rules. Current rules should be consulted in all cases concerning contract specifications.

Neither futures trading nor swaps trading are suitable for all investors, and each involves the risk of loss. Due to the leveraged nature of futures trading and swaps trading, it is possible to lose more than the amount deposited in a position. Therefore, traders should not deposit more funds than they can afford to lose without negatively affecting their lifestyles. A trader cannot expect to profit on each trade, and should only devote a small amount of their available funds to each trade. All references to options refer to options on futures.

Past performance is not necessarily indicative of future performance.

CME Group, the Globe Logo, Chicago Mercantile Exchange, Globex and CME are trademarks of Chicago Mercantile Exchange Inc. CBOT is the trademark of the Board of Trade of the City of Chicago, Inc. NYMEX is the trademark of the New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All other marks are the property of their respective owners. Each of Chicago Mercantile Exchange Inc. (ARBN 103 432 391), The Board of Trade of the City of Chicago Inc (ARBN 110 594 459), the New York Mercantile Exchange Inc (ARBN 113 929 436) and Commodity Exchange, Inc. (ARBN 622 016 193) is a registered foreign company in Australia and holds an Australian market licence.

This site does not constitute a prospectus, product disclosure statement or legal advice, nor is it a recommendation to buy, sell or retain any specific investment or to utilise or refrain from utilising any particular service. Readers should consult their legal advisors for legal advice in connection with the matters covered on this site.


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