What are the contract specifications for the ES futures market?

The contract specifications for the ES futures market are as follows: Knowing the tick and point value is important for controlling risk and trading the proper futures position size. A tick is the minimum amount of movement that can occur, and the tick value tells you your potential profit or loss with each tick movement.

What are es contracts & how do they work?

ES contracts correspond to a month, similar to the way options on a stock may expire weekly. The most active ES contracts are extremely liquid, and the daily trading volume typically exceeds one million. That liquidity, along with the extended trading hours, makes them popular among day traders.

What are E-mini contracts & how do they work?

E-mini contracts are traded on the CME and other international exchanges. They cover a variety of assets: The contract size of an E-mini is the value of the contract based on the price of the futures contract times a contract-specific multiplier. The E-mini S&P 500 has a contract size of $50 times the value of the S&P 500.