E-mini S&P 500 (ES) Futures Contract Specifications
E-mini S&P 500 Futures (ES) are the most actively traded equity index futures contracts in the world. They provide exposure to the S&P 500 Index, representing 500 of the largest U.S. companies across all major sectors.
Contract Specifications
Detailed specifications for trading this futures contract
Contract Size
$50 multiplied by the S&P 500 Index value
Tick Size
0.25 index points
Tick Value
$12.50 per tick
Point Value
$50.00 per point
Trading Hours
Sunday to Friday, 5:00 PM to 4:00 PM CT (with a 1-hour daily trading halt from 4:00 PM to 5:00 PM CT)
Platform Symbol
ES
Margins
Check with your broker for the latest margin rates and details
Why Trade E-mini S&P 500 (ES) Futures?
Key benefits and characteristics of this futures contract
Most liquid equity index futures contract
Broad market exposure across 500 companies
Tight bid-ask spreads and high volume
Extended trading hours for global access
Excellent hedging tool for stock portfolios
Micro E-mini (MES) available for smaller accounts
Position Sizing for E-mini S&P 500 (ES) Futures
Example calculation for proper position sizing based on risk tolerance
For E-mini S&P 500 (ES):
If you want to risk $500 with a 10-point stop loss:
