E-mini Futures Tick Sizes

23 Oct

Tick size or tick value for futures represents the minimum fluctuation in price of a futures contract. Rather than trade in penny increments like stocks, futures contracts trade in ticks. This value is denoted in various dollar amounts per contract. For euro futures a tick and pip is essentially the same thing.

E-mini S&P

  • Ticker Symbol: ES
  • Value of 1 Tick: $12.50
  • Ticks per Point: 4

E-mini Dow

  • Ticker Symbol: YM
  • Value of 1 Tick: $5.00
  • Ticks per Point: 1

E-mini NASDAQ

  • Ticker Symbol: NQ
    Value of 1 Tick: $5.00
    Ticks per Point: 4

E-mini Russell

  • Ticker Symbol: TF
  • Value of 1 Tick: $10.00
  • Ticks per Point: 10

Euro FX

  • Ticker Symbol: 6E
  • Value of 1 pip: $12.50
  • Ticks per Point: n/a
  • Note: In Feb 2016, the Euro FX moved to half pips of $6.25

An additional note, the S&P 500 aka. the “big” trades in $0.10 increments. Often times pit traders will buy contracts in the S&P pit @ a dime and using a headset flip them on the e-mini Globex exchange, this is known as big/mini arbitrage (arb).

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2 Responses to “E-mini Futures Tick Sizes”

  1. alan windsor July 10, 2017 at 5:44 pm #

    Thank you for above tick values… can you tell me
    the chart (not $ value) point equivalence…
    For example if 1 S& P emini chart point = 10 dj emini points……..
    What is 1 emini point equal to on emini……

    NASDAQ…
    RUSSELL 2000
    30 YEAR BONDS
    10 YEAR TREASURY….

    FOR EXAMPLE ON A TRADE, I WANT TO SELL/BUY 10 POINTS FROM ‘OPEN PRICE OF 9.30AM’ ON S&P EMINI……

    If 10 S&P EMINI = 100DJ EMINI POINTS
    What would equivalent points be on

    NASDAQ…
    RUSSELL 2000
    30 YEAR BONDS
    10 YEAR TREASURY….

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