Micro E-mini Dow Futures (MYM) — Contract Specifications
CBOT · Equity Index · $0.50 × Dow Jones Industrial Average vs $5 × Dow Jones Industrial Average for YM
Contract specifications
| Exchange symbol | MYM |
|---|---|
| Exchange | CBOT |
| Contract size | $0.50 × Dow Jones Industrial Average |
| Minimum tick | 1 index point |
| Value per tick | $0.50 |
| Contract months | Mar, Jun, Sep, Dec |
| Settlement | Cash settled |
| Smaller version of | YM |
What one tick is worth
The minimum price increment is 1 index point. Because the contract covers $0.50 × Dow Jones Industrial Average, each tick is worth $0.50 per contract. That is the appeal of the smaller size: identical price exposure per tick as YM, at a fraction of the notional.
This contract is cash settled, so there is no delivery obligation and no first notice day. Positions settle in cash against the reference price.
Other contracts on this market
| Contract | Size | Per tick |
|---|---|---|
| E-mini Dow ($5) YM · CBOT | $5 × Dow Jones Industrial Average | $5.00 |