LoggingTradesYM contract specs
| Contract | E-mini Dow (YM) |
|---|---|
| Exchange | CBOT (CME Group) |
| Contract size | $5 × Dow Jones Industrial Average |
| Tick size | 1 |
| Tick value | $5 |
| Point value | $5 |
| 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.
YM tick value in dollars
YM tracks the Dow Jones Industrial Average. Its tick is a full index point ($5), so prices move in whole-number steps rather than quarter points.
Worked example. You buy 1 YM at 40000 and sell at 40050. The move is 50 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
YM has a micro counterpart, MYM (Micro E-mini Dow), at one-tenth the size: a tick is $0.50 instead of $5 and a point is $0.50 instead of $5. Ten micros equal one YM 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 YM tick value?
One YM tick is 1 and is worth $5 per contract. One full point is $5 per contract.
How many ticks are in a point for YM?
1 tick per point, because the minimum price increment is 1.
How much do I make or lose on a 50-tick YM move?
50 ticks × $5 = $250 per contract, before commissions and fees. With 3 contracts that is $750.
When does YM trade?
YM 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.