How much is an e-mini contract?

Contract Specifications of the S&P 500 E-Mini The E-mini moves in 0.25 point increments, and each one of those increments equates to $12.50 on one contract. Therefore, a one-point move, which is four ticks, means $50 is gained or lost.

What is the current Emini contract?

S&P 500 E-Mini Dec ’21 (ESZ21)

Barchart Symbol ES
Tick Size 0.25 points ($12.50 per contract)
Margin/Maintenance $12,650/11,500
Daily Limit 7.0%, 13.0% and 20.0% decline below the Settlement Price of the preceding session
Contract Size $50 times Index

What is the contract size of one S&P 500 future?

The SP contract is the base market contract for S&P 500 futures trading. It is priced by multiplying the S&P 500’s value by $250. For example, if the S&P 500 is at a level of 2,500, then the market value of a futures contract is 2,500 x $250 (or $625,000).

What is a micro e-mini contract?

The CME Group launched micro e-mini contracts for four major indices on May 6, 2019. 1 These contracts allow market participants to gain exposure to price fluctuations in the S&P 500, Russell 2000, Dow Jones 30 and Nasdaq100 indices at a much lower cost than the existing e-mini futures.

What is the e-mini S&P 500?

The E-mini S&P 500 is an electronically traded futures contract one-fifth the size of standard S&P futures. Its futures and options are based on the underlying Standard & Poor’s 500 stock index.

How much money do you need to trade micro Emini futures?

E-mini futures, especially the E-mini S&P 500 futures (ES) typically have the lowest day trading margins, $500 with some brokers. 4 That means the trader only needs $500 in the account (plus room for price fluctuations) to buy/sell one E-mini S&P 500 contract.

What are Emini futures?

E-minis are electronically traded futures contracts that are a fraction of the value of corresponding standard futures contracts. Futures contracts detail the quality and quantity of the underlying asset and are standardized to facilitate trading on a futures exchange.

What is E-mini trading?

The Emini (or E-mini or ES or Mini) is a futures contract that tracks the S&P 500 stock market index. It is traded on the Chicago Mercantile Exchange (CME) via their Globex electronic trading platform. Trading is 23 ½ hours a day, 5 days a week, using the contract symbol ES.

How big is an E-Mini’s & P 500 contract?

The E-mini S&P 500, for example, has a contract size of $50 times the S&P 500 Index. If the S&P 500 is trading at 2,580, the value of the contract would be $129,000 ($50 x 2,580).

How big is a Micro E mini futures contract?

An expanded offering, a smaller-sized contract At 1/10th the size of a classic E-mini contract, Micro E-mini futures give all traders a simple, cost-efficient way to access the liquid equity index futures markets.

What’s the difference between an E mini and a full sized contract?

There really is nothing a full-sized contract can do that an E-mini cannot do. Both are valuable tools traders that investors use for speculating and hedging. The only difference being that smaller players can participate with smaller commitments of money using E-minis. All futures strategies are possible with E-minis, including spread trading.

How much money can you make on the E-mini?

The E-mini moves in 0.25 point increments, and each one of those increments equates to $12.50 on one contract. Therefore, a one-point move, which is four ticks, means $50 is gained or lost. Contracts are available with March, June, September, and December expires.