Report post

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 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.

How do I know if a contract expires?

Available contract expiration months may vary by product, but the letter following the contract code always indicates expiration month. The expiration year is indicated following the month as a numeric value. Let’s construct the display code for the E-mini S&P 500 futures contract expiring January 2019.

The World's Leading Crypto Trading Platform

Get my welcome gifts