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Equity IndexMESCME Globex
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
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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.
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