MES

Micro E-mini S&P 500 (MES) Futures Contract Specifications

Stock Indices

Micro E-mini S&P 500 Futures (MES) are 1/10th the size of the standard E-mini S&P 500 contract, making them ideal for smaller accounts and traders new to futures. They provide the same exposure to the S&P 500 Index with reduced capital requirements.

Contract Specifications

Detailed specifications for trading this futures contract

Contract Size

$5 multiplied by the S&P 500 Index value

Tick Size

0.25 index points

Tick Value

$1.25 per tick

Point Value

$5.00 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

MES

Margins

Check with your broker for the latest margin rates and details

Why Trade Micro E-mini S&P 500 (MES) Futures?

Key benefits and characteristics of this futures contract

1/10th the size of standard E-mini S&P 500 contract

Lower margin requirements for smaller accounts

Same exposure to S&P 500 Index

Ideal for beginners and position sizing

High liquidity and tight spreads

Extended trading hours

Position Sizing for Micro E-mini S&P 500 (MES) Futures

Example calculation for proper position sizing based on risk tolerance

For Micro E-mini S&P 500 (MES):

Tick Size: 0.25 index points

Tick Value: $1.25 per tick

Point Value: $5.00 per point

If you want to risk $500 with a 10-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 10 × 5.00 = $ 50

Maximum Contracts = Risk Amount ÷ Risk per Contract = $ 500 ÷ $ 50 = 10 contract s