LoggingTradesRTY contract specs
| Contract | E-mini Russell 2000 (RTY) |
|---|---|
| Exchange | CME (CME Group) |
| Contract size | $50 × Russell 2000 index |
| Tick size | 0.1 |
| Tick value | $5 |
| Point value | $50 |
| Typical session | Sunday–Friday, 6:00 p.m.–5:00 p.m. ET (5:00 p.m.–4:00 p.m. CT) on CME Globex, with a daily break from 5:00 p.m. to 6:00 p.m. ET. Holiday hours differ. |
Specs as listed by CME Group; confirm with your broker. Margin requirements vary by broker and prop firm, so they are not listed here.
RTY tick value in dollars
RTY tracks the small-cap Russell 2000. The index trades at a much lower level than ES or NQ and ticks in tenths of a point ($5 each).
Worked example. You buy 1 RTY at 2200 and sell at 2205. The move is 5 price units, which is 50 ticks. At $5 per tick that is $250 per contract; trading 2 contracts doubles it to $500. A stop the same distance away would cost the same amount, which is why you should convert every stop into dollars before you enter.
Micro vs mini
RTY has a micro counterpart, M2K (Micro E-mini Russell 2000), at one-tenth the size: a tick is $0.50 instead of $5 and a point is $5 instead of $50. Ten micros equal one RTY in dollar exposure, so you can build up to a mini position one contract at a time.
To turn a stop distance into a contract count, use the position size calculator. Inside a prop-firm evaluation, check the result against the drawdown with the prop firm challenge calculator, and read the micro vs mini futures guide.
FAQ
What is the RTY tick value?
One RTY tick is 0.1 and is worth $5 per contract. One full point is $50 per contract.
How many ticks are in a point for RTY?
10 ticks per point, because the minimum price increment is 0.1.
How much do I make or lose on a 50-tick RTY move?
50 ticks × $5 = $250 per contract, before commissions and fees. With 3 contracts that is $750.
When does RTY trade?
RTY trades on CME Globex Sunday–Friday, 6:00 p.m.–5:00 p.m. ET (5:00 p.m.–4:00 p.m. CT) on CME Globex, with a daily break from 5:00 p.m. to 6:00 p.m. ET. Holiday hours differ. Confirm current hours with your broker and CME Group.