Micro E-mini S&P 500
Category
Equity Index
Exchange
CME Globex
Contract Size
$5 × S&P 500 index value (1/10th of ES)
Symbol
MES
About Micro E-mini S&P 500
The Micro E-mini S&P 500 (MES) offers the same market exposure as ES but at one-tenth the contract size. Launched in 2019, it quickly became one of the highest-volume futures products globally. Ideal for retail traders building positions, fine-tuning risk, or practicing with real market conditions at a fraction of the capital requirement.
Micro E-mini S&P 500 Price Chart
Loading chart…
Contract Specifications
- Contract Size
- $5 × S&P 500 index value (1/10th of ES)
- Tick Size / Value
- 0.25 index points = $1.25 per tick
- Exchange
- CME Globex
Trading Hours
Same as ES: Sun 18:00 – Fri 17:00 ET with a daily maintenance halt 17:00–18:00 ET.
Margin Notes
Intraday margin as low as $50–$200 depending on broker. Exchange maintenance margin ~$1,200–$1,350.
More Equity Index Futures
FTSE 100 Futures
Z · ICE Futures EuropeFTSE 100 futures on ICE provide exposure to the UK's leading blue-chip index. Widely used by UK pension funds and asset managers for hedging. Retail traders use CFDs modelled on these futures. The FTSE tends to be influenced by commodity prices (mining/oil constituents) and GBP movements.
DAX Futures
FDAX · EurexDAX futures (FDAX) on Eurex are Europe's most liquid equity index futures, tracking Germany's DAX 40. With a notional value often exceeding €450,000, FDAX attracts institutional players. The Mini-DAX (FDXM) at €5/point makes it accessible for smaller traders. DAX futures are a key vehicle for trading European macro sentiment.
Micro E-mini Dow Jones
MYM · CBOT (CME Group)The Micro E-mini Dow (MYM) is the micro-sized version of YM, providing DJIA exposure at just one-tenth the contract size. Suitable for small accounts and precise risk calibration.
E-mini Dow Jones
YM · CBOT (CME Group)The E-mini Dow (YM) tracks the Dow Jones Industrial Average and is popular among traders who prefer the price-weighted nature of the DJIA. Each point move is worth $5, making it straightforward for position sizing. The Dow's 30 blue-chip constituents make YM less volatile than NQ but still highly liquid.