Convert any move into dollars in one click — and grab the full contract spec table for every major index future.
Every futures contract converts price movement into dollars through two numbers: the point value (what a full point is worth) and the tick value (what the smallest price increment is worth). Get these wrong and every risk calculation downstream is wrong too.
For the E-mini S&P 500 (ES), one point is $50 and one tick (0.25 points) is $12.50 — so four ticks make a point. The Micro (MES) is one-tenth the size: $5 a point, $1.25 a tick.
| Symbol | Contract | Point value | Tick size | Tick value |
|---|---|---|---|---|
| ES | E-mini S&P 500 | $50 | 0.25 | $12.50 |
| MES | Micro E-mini S&P 500 | $5 | 0.25 | $1.25 |
| NQ | E-mini Nasdaq-100 | $20 | 0.25 | $5.00 |
| MNQ | Micro E-mini Nasdaq-100 | $2 | 0.25 | $0.50 |
| YM | E-mini Dow | $5 | 1.0 | $5.00 |
| MYM | Micro E-mini Dow | $0.5 | 1.0 | $0.50 |
| RTY | E-mini Russell 2000 | $50 | 0.1 | $5.00 |
| M2K | Micro E-mini Russell 2000 | $5 | 0.1 | $0.50 |
Micro contracts are exactly one-tenth their E-mini counterparts. A 10-point move on MES is $50 versus $500 on ES — which makes micros the right tool for small accounts, fine-tuning size, or trading a setup without oversized risk.