The CME Group offers access to the Dow Jones indices through a variety of products, including the E-mini (YM) and the micro E-mini contracts (MYM).
The Dow, or DJIA, is an index that tracks 30 large, publicly traded companies trading on the NYSE and Nasdaq.
- Created in 1896.
- Considered to be a gauge of the US economy.
- Changes over time based on economic trends.
CME Group Dow index futures products offer derivatives market access to the Dow Jones Industrial Average index and trade like any normal futures product.
The notional value of the YM (the E-mini Dow contract) is $5 x the Dow Jones Industrial Average index.
The notional value of the MYM (the micro E-mini Dow contract) is $.50 x the Dow Jones Industrial Average index.
The YM contract lists quarterly contracts (March (H), June (M), September (U), December (Z), for four consecutive quarters.
The MYM contract lists quarterly contracts (March (H), June (M), September (U), December (Z), for four consecutive quarters.
The Dow futures contracts are financially settled.
Please note Dow futures trades on the CBOT platform of CME Group.