Micro E-mini futures contracts is a smaller-sized suite of futures contracts for four major indices: S&P 500, Nasdaq-100, Russell 2000, and the Dow Jones Industrial Average. These contracts allow market participants an efficient and cost-effective way to gain exposure to four key indices. All four of the Micro E-mini futures are 1/10 the size of their respective E-mini futures counterparts – allowing all traders futures exposure without the notional constraints of the larger contracts.
The Micro E-mini futures contracts operationally function and provide the same benefits as their E-mini counterparts, except for their smaller contract multiplier. These benefits include:
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Portfolio diversification
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Capital efficiency
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Precision and flexibility in tailoring exposure and managing risk
Contract Specifications
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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 HOUR |
Mon-Fri: daily trading from 05:00 to 03:15 WIB |
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MINIMUM
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0.25 Index points |
0.25 Index points |
0.10 Index points |
0.10 Index points |
DOLLAR VALUE
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$1.25 per contract. |
$0.50 per contract. |
$0.50 per contract. |
$0.50 per contract. |
CONTRACT MONTHS |
Five months in the March Quarterly Cycle
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DELIVERY |
Cash settlement to Final Settlement Price |
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TERMINATION
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21:30 WIB on 3rd Friday of contract delivery month |
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