Micro Futures
Think big, trade small
Available micro futures products
Product | Symbol | Tradeable Options | Multiplier | Minimum Tick Size | Settlement |
|---|---|---|---|---|---|
Micro E-mini S&P 500 | Symbol /MES | Tradeable Options Yes | Multiplier $5 | Minimum Tick Size 0.25 = $1.25 | Settlement cash |
Micro E-mini Nasdaq 100 | Symbol /MNQ | Tradeable Options Yes | Multiplier $2 | Minimum Tick Size 0.25 = $0.50 | Settlement cash |
Micro E-mini Russell 2000 | Symbol /M2K | Tradeable Options No | Multiplier $5 | Minimum Tick Size 0.1 = $0.50 | Settlement cash |
Micro E-mini DOW | Symbol /MYM | Tradeable Options No | Multiplier $0.50 | Minimum Tick Size 1.00 = $0.50 | Settlement cash |
Micro WTI Crude Oil | Symbol /MCL | Tradeable Options Yes | Multiplier $100 | Minimum Tick Size 0.01 = $1.00 | Settlement cash |
CME Micro Bitcoin1 | Symbol /MBT | Tradeable Options No | Multiplier $0.10 | Minimum Tick Size 5.00 = $0.50 | Settlement cash |
CME Micro Ether1 | Symbol /MET | Tradeable Options No | Multiplier $0.10 | Minimum Tick Size 0.50 = $0.05 | Settlement cash |
Micro Gold | Symbol /MGC | Tradeable Options No | Multiplier $10 | Minimum Tick Size 0.10 = $1.00 | Settlement physical |
Micro Silver | Symbol /SIL | Tradeable Options No | Multiplier $1,000 | Minimum Tick Size 0.005 = $5.00 | Settlement physical |
Micro Copper | Symbol /MHG | Tradeable Options No | Multiplier $2,500 | Minimum Tick Size 0.0005 = $1.25 | Settlement cash |
Micro EUR/USD | Symbol /M6E | Tradeable Options No | Multiplier $12,500 | Minimum Tick Size 0.0001 = $1.25 | Settlement physical |
Micro AUD/USD | Symbol /M6A | Tradeable Options No | Multiplier $10,000 | Minimum Tick Size 0.0001 = $1.00 | Settlement physical |
Micro CAD/USD | Symbol /MCD | Tradeable Options No | Multiplier $10,000 | Minimum Tick Size 0.0001 = $1.00 | Settlement physical |
Micro GBP/USD | Symbol /M6B | Tradeable Options No | Multiplier $6,250 | Minimum Tick Size 0.0001 = $0.625 | Settlement physical |
Micro CHF/USD | Symbol /MSF | Tradeable Options No | Multiplier $12,500 | Minimum Tick Size 0.0001 = $1.25 | Settlement physical |
Micro 10 Yr Yield | Symbol /10Y | Tradeable Options No | Multiplier $1,000 | Minimum Tick Size 0.001 = $1.00 | Settlement cash |
Micro E-mini index futures. Tiny contracts. More market exposure.
At just 1/10 the size of the E-mini contract, micro E-mini futures allow more traders than ever to gain access to four major liquid equity indexes: the Dow Jones Industrial, S&P 100, NASDAQ, and the Russell 2000.
Dive deeper into micro E-mini futures
Check out our quick info guide (PDF) to learn about the different sectors available to trade, and find out how these smaller contracts compare with other products.
Drill into the futures market with micro crude oil futures
Futures-approved traders now have the opportunity to get precise exposure to the oil market. Micro crude oil futures are 1/10th the size of the standard crude oil futures contract with smaller requirements, which means they could be your tiny ticket into the exciting market that is big oil.
New Micro Crude Futures Offer Lower-Cost Ticket into Oil Patch
Learn about Micro WTI Crude Oil futures
Sponsored content provided by CME Group
Compare crude oil futures
Micro Crude Oil Futures | Standard Crude Oil Futures | |
|---|---|---|
Symbol | Micro Crude Oil Futures /MCL | Standard Crude Oil Futures /CL |
Contract Size | Micro Crude Oil Futures 100 barrels | Standard Crude Oil Futures 1,000 barrels |
Ratio to the Standard | Micro Crude Oil Futures 1/10 | Standard Crude Oil Futures Standard |
Minimum Tick Increment | Micro Crude Oil Futures $0.01/barrel | Standard Crude Oil Futures $0.01/barrel |
Dollar Value of a Tick Increment | Micro Crude Oil Futures $1/contract | Standard Crude Oil Futures $10/contract |
Settlement Type | Micro Crude Oil Futures Cash | Standard Crude Oil Futures *Physical |
For illustrative purposes only. *Charles Schwab Futures and Forex LLC does not allow physical delivery for future products. |
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Unleash the power of thinkorswim®
Introducing micro crypto futures
Both Micro Bitcoin futures (MBT) and Micro Ether futures (MET) may provide an efficient, cost-effective way to fine-tune crypto exposure and to enhance your trading strategies at fraction of the size of a standard contract.
New Micro Bitcoin Futures Offer "Smaller Bite" Exposure to Crypto
Learn about Micro Bitcoin futures
Sponsored content provided by CME Group
Micro Ether Futures Product Review
Sponsored content provided by CME Group
See the difference at work
CME Micro Bitcoin Futures | CME Bitcoin Futures | CME Micro Ether Futures | CME Ether Futures | |
|---|---|---|---|---|
Symbol | CME Micro Bitcoin Futures /MBT | CME Bitcoin Futures /BTC | CME Micro Ether Futures /MET | CME Ether Futures /ETH |
Contract Size | CME Micro Bitcoin Futures 0.1 bitcoin | CME Bitcoin Futures 5 bitcoin | CME Micro Ether Futures 0.1 ether | CME Ether Futures 50 ether |
Minimum Tick | CME Micro Bitcoin Futures 5 | CME Bitcoin Futures 5 | CME Micro Ether Futures 0.5 | CME Ether Futures 5 |
Minimum Value of One Tick | CME Micro Bitcoin Futures $0.5 | CME Bitcoin Futures $25.00 | CME Micro Ether Futures $0.05 | CME Ether Futures $25 |
Margin Requirement | CME Micro Bitcoin Futures $1,898** | CME Bitcoin Futures $94,397** | CME Micro Ether Futures $157** | CME Ether Futures $77,907** |
Notional Value | CME Micro Bitcoin Futures $3,946** | CME Bitcoin Futures $197,275** | CME Micro Ether Futures $295** | CME Ether Futures $147,550** |
**Margin and Notional Value based on prices from 4/22/2022. Prices are subject to daily fluctuations. |
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