As of May 5th 2019, the CME group announced 4 new contracts that can be a game changer for new traders. You can now trade micro e-minis of S&P, Nasdaq, Russell, and Dow and that means you will spend a lot less to learn how to trade futures. We are excited about this and already made the necessary changes to our system to support these new contracts. Here is what you need to know:
- Micro E-mini S&P 500 futures
- Micro E-mini Nasdaq-100 futures
- Micro E-mini Dow futures
- Micro E-mini Russell 2000 futures
Contract specifications and details:
Courtesy of AMP Global Futures.
The e-mini micro contracts are worth 1/10th of the e-minis so if you buy ES @ 2950 and sell at 2951 making a full point, you’ll be up $50. If you make a point on the MES, you’ll be up $5.