Futures Tick Size
Each futures market also has a multiplier, futures tick size, which determines the value of each tick (the minimum price increment). The term “tick” dates back to the old ticker tape machines. You can determine the value of a day’s price movement by multiplying the movement in ticks by the multiplier. Each commodity market has a different futures tick size because it represents the contract size. The contract size was originally based on how much could be loaded into a railroad car, 112,000 lbs of sugar, 5,000 bushels of corn or soybeans, 1,000 barrels of oil or 60,000 pounds of soybean oil. For beginner traders it can be a daunting task remembering the different futures tick sizes. Now you know the reason for the different futures tick sizes and you have the below futures tick size table for reference. Make sure to book mark or save the page.
Futures Tick Size(CSI Data symbol format)
| Symbol | Description | Exchange | Currency | Contract Size | Tick Value | | AD | Australian Dollar | CME | USD | AD$ 100,000 | 100,000 | | BP | British Pound | CME | USD | ₤62,500 | 62,500 | | CD | Canadian Dollar | CME | USD | C$ 100,000 | 100,000 | | CU | Euro Currency | CME | USD | EUR 125,000 | 125,000 | | DX | Dollar Index | FINEX | USD | 1,000 | 1,000 | | JY | Japanese Yen | CME | USD | ¥12,500,000 | 125,000 | | MP | Mexican Peso | CME | USD | MP 500,000 | 500,000 | | SF | Swiss Franc | CME | USD | SF 125,000 | 125,000 | | BAX | CD Banker Accept.(3mth) | ME | CD | C$1,000,000 | 2,500 | | EBL | 10 Yr. Bund (euro) | EUREX | EUR | EUR 100,000 | 1,000 | | EBM | 5Yr. Bobl (euro) | EUREX | EUR | EUR 100,000 | 1,000 | | EBS | 2Yr. Schatz (euro) | EUREX | EUR | EUR 100,000 | 1,000 | | ED | Eurodollars | CME | USD | $1,000,000 | 2,500 | | FEI | Euribor (3 mth) | LIFFE | EUR | EUR1,000,000 | 2,500 | | FLG | British Long Gilt | LIFFE | BP | ₤100,000 | 1,000 | | FSS | Short Stlg (3 mth) | LIFFE | BP | ₤500,000 | 1,250 | | FV | Five Yr Notes | CBOT | USD | $100,000 | 1,000 | | SJB | 10 Yr. Japan Bnd (mini) | SIMEX | JY | ¥10,000,000 | 100,000 | | TU | Two Yr Notes | CBOT | USD | $200,000 | 2,000 | | TY | Ten Yr Notes | CBOT | USD | $100,000 | 1,000 | | US | 30 Yr Bonds | CBOT | USD | $100,000 | 1,000 | | CL | Crude Oil | NYMEX | USD | 1,000 bbl | 1,000 | | HO | Heating Oil | NYMEX | USD | 42,000 gal | 42,000 | | RB | Reformulated Gasoline | NYMEX | USD | 42,000 gal | 42,000 | | JGL | Gasoline | TCE | JY | 50 kl | 50 | | JKE | Kerosene | TCE | JY | 50 kl | 50 | | LCO | Brent Crude | IPE | USD | 1,000 bbl | 1,000 | | LGO | Gasoil | IPE | USD | 100 mt | 100 | | NG | Natural Gas | NYMEX | USD | 10,000 mmBtu | 10,000 | | QG | Nat Gas (mini) | NYMEX | USD | 2,500 mmBtu | 2,500 | | QM | Crude Oil (mini) | NYMEX | USD | 500 bbl | 500 | | GC | Gold | Comex | USD | 100 oz | 100 | | HG | Copper (High Grade) | Comex | USD | 25,000 lbs | 250 | | JAU | Gold | TCE | JY | 1 kg | 1,000 | | MCU | 3 mth Copper | LME | USD | 25 mt | 25 | | MHA | 3 mth Aluminum | LME | USD | 25 mt | 25 | | MNI | 3 mth Nickel | LME | USD | 6 mt | 6 | | MPB | 3 mth Lead | LME | USD | 25 mt | 25 | | MTN | 3 mth Tin | LME | USD | 5 mt | 5 | | MZS | 3 mth Zinc | LME | USD | 25 mt | 25 | | SI | Silver | Comex | USD | 5,000 oz | 50 | | YG | Gold (mini) | CBOT | USD | 33.2 oz | 33.2 | | YI | Silver (mini) | CBOT | USD | 1,000 oz | 10 | | FC | Feeder Cattle | CME | USD | 50,000 lbs | 500 | | LC | Live Cattle | CME | USD | 40,000 lbs | 400 | | LH | Lean Hogs | CME | USD | 40,000 lbs | 400 | | BO | Soybean Oil | CBOT | USD | 60,000 lbs | 600 | | C | Corn | CBOT | USD | 5,000 bu | 50 | | JCR | Corn | TGE | JY | 50 mt | 50 | | KW | Kansas City Wheat | KCBT | USD | 5,000 bu | 50 | | MW | Spring Wheat | MGE | USD | 5,000 bu | 50 | | RS | Canola | WCE | USD | 20 mt | 20 | | S | Soybeans | CBOT | USD | 5,000 bu | 50 | | SM | Soy meal | CBOT | USD | 100 tons | 100 | | W | Wheat | CBOT | USD | 5,000 bu | 50 | | CC | Cocoa | CSCE | USD | 10 mt | 10 | | CT | Cotton#2 | NYCE | USD | 50,000 lbs | 500 | | JRU | Rubber | TCE | JY | 5,000 kg | 5,000 | | KC | Coffee | CSCE | USD | 37,500 lbs | 375 | | KPO | Palm Oil | MDEX | MYR | 25 mt | 25 | | LCC | Cocoa | LIFFE | BP | 10 mt | 10 | | LKD | Robusta Coffee | LIFFE | USD | 10 mt | 5 | | LSU | White Sugar#5 | LIFFE | USD | 50 mt | 50 | | SB | Sugar # 11 | CSCE | USD | 112,000 lbs | 1,120 | | AEX | Amsterdam's EOE index | EOE | EUR | EUR200 x index | 200 | | DJ | Dow Jones index | CBOT | USD | $10 x index | 10 | | YM | Dow Jones index (mini) | CBOT | USD | $5 x index | 5 | | ES | E-mini S&P500 | CME | USD | $50 x index | 50 | | FCH | CAC40 | MATIF | EUR | EUR10 x index | 10 | | FDX | DAX | EUREX | EUR | EUR25 x index | 25 | | FFI | FTSE 100 | LIFFE | BP | £10 x index | 10 | | HMH | Hang Seng Index (mini) | HKFE | HKD | HK$10 x index | 10 | | HSI | Hang Seng Index | HKFE | HKD | HK$50 x index | 50 | | JNI | Nikkei 225 Index | OSE | JY | ¥1,000 x index | 1,000 | | JTI | TOPIX 150 | TSE | JY | ¥10,000 x index | 10,000 | | KOS | Kospi 200 | KSE | KRW | Won, 500,000 | 500,000 | | MD | S&P400 Mid Cap | CME | USD | $500 x index | 500 | | EMD | S&P Mid Cap (mini) | CME | USD | $100 x index | 100 | | MFX | IBEX35 | MEFF | EUR | EUR10 x index | 10 | | MXM | IBEX35 (mini) | MEFF | EUR | EUR1 x index | 1 | | ND | Nasdaq100 | CME | USD | $100 x index | 100 | | NQ | Nasdaq100 (mini) | CME | USD | $20 x index | 20 | | NK | Nikkei stock index | CME | USD | $5 x index | 5 | | R | Russell1000 | NYBOT | USD | $500 x index | 500 | | RL | Russell2000 | CME | USD | $500 x index | 500 | | SP | S&P500 | CME | USD | $250 x index | 250 | | SSI | NIKKEI 225 | SIMEX | JY | ¥500 x index | 500 | | SWI | Swiss Mkt Index | SOFFEX | CHF | EUR10 x index | 10 | | SXE | DJ. EURO STOXX50 | EUREX | EUR | EUR10 x index | 10 | | SXF | S&P Canada 60 Index | ME | CD | C$200 x futures | 200 | | YAP | SPI.200 | SFE | AD | A$25 x index | 25 |
*Note: Futures tick sizes in foreign currencies are in local currency, not USD.
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