Dow industrial index mini futures
The Dow Jones Industrial Average is the world's most widely followed stock index and the leading U.S. stock market benchmark. The Dow is comprised of 30 blue-chip U.S. companies representing nine different economic sectors. This is a price-weighted index, which means that a Dollar change in any of the 30 stocks has an equal impact on the index. The Chicago Board of Trade's Mini Dow futures provide traders with an efficient way to gain exposure to the U.S. stock market, or they may be used to hedge stock portfolios against overall market risk. Mini Dow futures may also be spread against other popular stock index futures, like S&P 500 futures, or against futures on individual stocks.
The CBOT Mini Dow futures contract is one-half the size of the regular Dow futures contract. Mini Dow futures are fully-electronic, trading on the CME Globex® trading platform nearly 24 hours per day.
Mini Dow Jones Industrial Average futures, Chicago Board of Trade, symbol YM. The contract size is $5 x the Dow Jones Industrial Index. The minimum tick is 1 point, worth $5.
Mini Dow futures trade continuously on the Globex trading system, from 6:00 p.m. U.S. ET all the way until 5:00 p.m. U.S. ET the following afternoon.
Mini Dow futures trade on a quarterly cycle, with the primary contracts being March, June, September, and December.