Barchart Symbol, YM. Exchange Symbol, YM. Contract, E-Mini Dow Jones Industrial Average. Exchange, CBOT. Tick Size, 1 point ($5.00 per contract). Live Dow futures prices & pre-market data including Dow futures charts, news, analysis & more Dow Jones futures coverage. 18 Feb 2020 About 200,000 E-mini Dow contracts change hands every day. Using Leverage in Trading. One of the most attractive features of futures contracts The YM is the ticker symbol for the E-mini Dow Future which is a future that trades $5 per point. The YM trades on CME's Globex market and is almost a 24-hour 15 May 2019 The Micro E-mini Dow futures is a futures contract that tracks the 30 blue-chip stocks tracked by the Dow Jones Industrial Average (DJIA) index. The E-Mini Dow Jones futures contract offers exposure to 30 blue-chip stocks and provides price transparency & liquidity. In Part 2 of our E-Mini webinar series, Additional futures contracts on the Dow Jones Industrial Average include an e- mini contract valued at five times the DJIA and the "Big Dow" futures at 25 times
The E-mini Dow futures contract gives short-term traders the ability to engage the DJIA without having to tie up extensive risk capital via the purchase of large-cap stocks. The contract specs for the E-mini Dow as put forth by the CME Group:
Within the United States, some of the most popular index futures are the mini Dow Jones (YM) and the mini Nasdaq (NQ) on the Chicago Board of Trade, and the mini Russell 2000 (TF) and mini S&P 500 (ES) on the Chicago Mercantile Exchange. Index futures are also available in foreign markets. One CBOT DJIA futures option is ten times the size of the comparative product while one CBOT mini-sized Dow futures option is five times the size of comparative products. Upon exercise, the initial margin required for the CBOT DJIA futures contract is $5,400 and for the CBOT mini-sized Dow futures contract, $2,700. Below is a 1 hour chart of the YM. Even though the draw looks somewhat odd, you'll see the target of 22321 was hit twice. On the pullback, support also held at 22234 - 22219.. Stick the the drawing rules no matter how odd it may look 🙂 E-mini S&P 500 Advantages. 1. Liquidity - The CME Group noted in their 2012 report that the E-mini S&P contract traded, on average, $142 billion in transaction dollar volume per day versus a $18.5
The YM is the ticker symbol for the E-mini Dow Future which is a future that trades $5 per point. The YM trades on CME's Globex market and is almost a 24-hour
Dow Jones Futures; Dow Jones Futures % High: Low: Dow Jones Market. The value of the Dow futures is often quoted before the stock market opens as an indicator of how the market will react during the trading day. The underlying value of Dow futures is based on the Dow Jones Industrial Average, an index of 30 major U.S. companies. The micro e-mini futures are a smaller version of the standard E-mini index derivatives for the following U.S. stock indices: S&P 500, Dow Jones Industrial Average, Nasdaq 100, and Russell 2000. The futures contract for each market gives the trader leveraged exposure to the underlying "cash" stock index to which the futures are correlated. We've talked about why we trade the S&P500.Here's a step-by-step guide on how to trade E-mini Futures. In the example above, we use the Interactive Brokers mobile app. But all major brokerages that support options can do the same thing (ThinkOrSwim, E-Trade, TD Ameritrade, etc).