CBOT

E-mini Dow (YM) Tick Value & Contract Specs

Tick value $5.00 per tick — $5 × the Dow Jones Industrial Average.

Exchange
CBOT
Contract size
$5 × the Dow Jones Industrial Average
Tick size
1
Tick value
$5.00
Point value (multiplier)
$5
Trading hours
Sun–Fri 6:00pm–5:00pm ET, with a daily trading halt 4:15pm–4:30pm ET
Margin
Margin varies by broker and typically moves with volatility — check your broker for current initial/maintenance margin.

How YM tick value works

tick value = tick size × multiplier. For YM, that is 1 × $5 = $5.00 per tick, per contract.

One contract represents $5 × the Dow Jones Industrial Average. P&L for a move from entry to exit is (exit − entry) ÷ tick size × tick value × contracts.

Frequently asked questions

What is the tick value for YM?
$5.00 per tick — a 1 tick size × a $5 multiplier (point value).
What is one YM contract worth?
One contract represents $5 × the Dow Jones Industrial Average. Notional value = price × $5; use the tick value calculator with the current price for an exact figure.
Which exchange lists YM?
E-mini Dow (YM) trades on the CBOT.
What are the trading hours for YM?
Sun–Fri 6:00pm–5:00pm ET, with a daily trading halt 4:15pm–4:30pm ET.
How much margin do I need to trade YM?
Margin varies by broker and typically moves with volatility — check your broker for current initial/maintenance margin.
How is P&L calculated for YM?
P&L = (exit price − entry price) ÷ 1 tick size × $5.00 tick value × number of contracts. Use the tick value calculator to compute this directly.

Specs last reviewed 2026-06-01. Exchanges can amend contract specs — always confirm against the exchange or your broker before trading.