Cryptocurrency Q&A
How much is a 1 ES futures contract?
How much is a 1 ES futures contract?
GeishaWhisper
Tue Sep 24 2024
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7 answers
1525
Excuse me, could you please clarify for me the value of a 1 ES futures contract? I'm curious to know the exact amount or a range that I should expect, as I'm looking to invest in this market but I want to ensure I have a clear understanding of the financial commitment involved. Additionally, are there any factors that can influence the price of this contract, and if so, could you elaborate on those? Thank you in advance for your time and assistance.
7 answers
Arianna
Thu Sep 26 2024
The symbol for this contract is ES, making it easily identifiable in trading platforms and market data feeds.
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RainbowlitDelight
Thu Sep 26 2024
The contract point value for the E-Mini S&P 500 Index Futures is $50 USD. This means that for every one-point move in the price of the underlying index, the contract value changes by $50.
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HanjiArtistryCraftsmanshipMasterpiece
Thu Sep 26 2024
The minimum price fluctuation, also known as the tick size, for the E-Mini S&P 500 Index Futures is .25. When translated into dollar terms, this represents a $12.50 change in the contract value for every minimum move.
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Ilaria
Thu Sep 26 2024
In addition to these specifications, there are several other details that traders need to be aware of when trading the E-Mini S&P 500 Index Futures, such as trading hours, margin requirements, and settlement procedures.
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KimonoElegant
Thu Sep 26 2024
The E-Mini S&P 500 Index Futures is a standardized contract traded on the CME GLOBEX platform. It offers traders a way to speculate on the performance of the S&P 500 index, a widely recognized benchmark for the US stock market.
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