---
title: "Emini Dow Jones Futures | ProFuturesTrader"
url: https://profuturestrader.com/education/futures-markets/e-mini-dow-futures
description: "Plain-English emini dow jones guide: contract size, ticks, settlement, expiration, and risk. Educational only."
lang: en
---

Equity Index Futures

# Emini Dow Jones Futures

Emini dow jones refers here to E-mini Dow Jones futures on the DJIA.

Educational only, not a recommendation to buy or sell any contract or a solicitation to open an account. Futures and options trading involves substantial risk of loss. You can lose more than your initial deposit.

## Contract specifications

| Specification | YM |
| --- | --- |
| Exchange | CBOT |
| Symbol | YM |
| Contract size | $5 × Dow Jones Industrial Average |
| Tick size / value | 1.00 index point = $5 |
| Trading hours | Confirm current hours on the official exchange contract specifications page; holiday schedules may differ. |
| Listed months | Quarterly; the Micro E-mini FAQ describes four quarterly MYM months. Confirm listings. |
| Settlement | Cash-settled. |

Last verified November 10, 2026.

This is the supplied source-note date, not confirmation of every live field. Dated sources and fields requiring exchange confirmation are identified below.

- Official contract specifications: https://www.cmegroup.com/markets/equities/dow-jones/e-mini-dow.contractSpecs.html
- MYM specifications: https://www.cmegroup.com/markets/equities/dow-jones/micro-e-mini-dow.contractSpecs.html
- Official Micro E-mini FAQ: https://www.cmegroup.com/education/frequently-asked-questions-micro-e-mini-equity-index-futures.html

YM multiplier and tick are in CBOT Rulebook Chapter 27.

## Micro, mini, and related smaller contracts

Micro E-mini Dow (MYM): $0.50 × DJIA, tick 1.00 = $0.50. Confirm hours and the four quarterly listings on the official MYM page.

## Worked tick and 1% example

**Hypothetical arithmetic illustration only — not a current price, projection, trading result, or recommendation.**

One outright tick changes one YM contract by $5. Four ticks change it by 4 × $5 = $20, in either direction, before costs.

Assume a made-up quotation of 40,000 index points. A 1% price change is 400 in those quote units. Multiplying by 5 gives $2,000 for one contract. The same move against a position produces a loss of that amount before costs.

Commissions, fees, bid-ask spreads, and slippage are excluded. Leverage can lead to losses larger than your deposit; a 1% price move is not a 1% account-equity move.

## Margin and leverage

Margin is a performance bond, not the purchase price or a limit on loss. Exchange requirements and carrying-firm requirements can change; the firm may require more and may liquidate positions when requirements are not met. No margin dollar amounts are quoted here.

Official exchange product and margin information: https://www.cmegroup.com/markets/equities/dow-jones/e-mini-dow.contractSpecs.html
·
Margin and Leverage in Futures: https://profuturestrader.com/education/margin-and-leverage

## What moves the market

Constituent earnings, economic releases, and interest-rate expectations can move the price-weighted DJIA.

Reading the Economic Calendar (https://profuturestrader.com/education/reading-the-economic-calendar) explains scheduled-release timing. Unscheduled news can also move prices; stops do not guarantee an exit price.

## Rollover and expiration

Final settlement day is the third Friday of the delivery month, or the preceding business day if the index is not scheduled. Confirm the exchange calendar.

A roll closes one contract month and opens another; spreads, costs, and execution risk remain. Firm deadlines may be earlier than exchange deadlines. See Contract Rollover, First Notice Day, and Last Trading Day (https://profuturestrader.com/education/contract-rollover).

## Frequently asked questions

### What is the contract size and tick value?

YM: $5 × Dow Jones Industrial Average; 1.00 index point = $5.

### Is there a smaller related contract?

### How does settlement and expiration work?

Cash-settled. Final settlement day is the third Friday of the delivery month, or the preceding business day if the index is not scheduled. Confirm the exchange calendar.

### Does a smaller contract or a stop remove risk?

No. Futures remain leveraged; you can lose more than your initial deposit. Smaller contracts change dollar exposure, not market direction. Stops do not guarantee a fill at the stop price.

## Talk it through, if that would help

Ask about contract mechanics or practicing with simulated funds. There is no obligation to open an account.

28-day demo: https://profuturestrader.com/demo
Platforms: https://profuturestrader.com/platforms

Demo accounts use simulated funds. Demo results do not reflect real trading and are not indicative of future results. Features, terms, and availability can change.

**Drew Rathgeber**, President
949-996-4611 (9499964611) · drathgeber@profuturestrader.com

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