Micro E-mini Dow Futures (MYM) Contract Specifications
What you're trading
The Micro E-mini Dow future (MYM) is 1/10th the size of YM and tracks the same Dow Jones Industrial Average. It's popular with traders who want blue-chip equity exposure at the smallest practical capital commitment and with active traders who need granular position sizing around DJIA moves.
Contract size
$0.50 × DJIA Index. With the DJIA near 46,000, one MYM contract carries a notional value of roughly $23,000.
Tick value
Minimum price fluctuation is 1.00 index point, and each tick is worth $0.50 per contract. A 10-point move equals $5, and a 100-point DJIA move equals $50 per contract.
Trading hours
CME Globex: Sunday 5:00 p.m. CT through Friday 4:00 p.m. CT, with the 4:00–5:00 p.m. CT maintenance halt Monday through Thursday.
Settlement type
Cash-settled. Contracts expire quarterly on the third Friday of March, June, September, and December, settling to the same Special Opening Quotation as YM.
Margin snapshot
MYM margin is roughly 1/10th of YM — one of the lowest-capital outright equity index futures available at CME.
|
Initial margin (overnight) |
~$1,000–$1,200 per contract (approximate; varies with volatility) |
|
Maintenance margin |
~$900–$1,100 per contract |
|
Day-trade margin |
Broker-set; often a small fraction of overnight margin |
|
Notional value (reference) |
~$23,000 at index 46,000 |
Margins change with market volatility and vary by broker. The figures above are approximate and for reference only — always confirm current requirements with MetroTrade support or on the CME margin page before trading.
Related learning
- CME official contract specifications: Micro E-mini Dow Futures Contract Specs
- E-mini Dow (YM) — 10× the size of MYM
- CME initial margin requirements (all products)
- https://www.metrotrade.com/margins/