What Are E-mini Dow Jones Futures?
E-mini Dow Jones Futures (YM) provide traders with exposure to the Dow Jones Industrial Average (DJIA), a benchmark index of 30 large, publicly traded U.S. companies. These contracts are ideal for traders seeking to hedge portfolio risk or speculate on the movements of the U.S. stock market’s blue-chip index.
Contract Size
- Contract Size: $5 multiplied by the Dow Jones Industrial Average index value.
Trading Hours
The E-mini Dow Jones Futures contract trades nearly 24 hours a day, five days a week, offering continuous access to the U.S. equity markets.
- Trading Hours: Sunday to Friday, 5:00 PM to 4:00 PM CT (with a 1-hour daily trading halt from 4:00 PM to 5:00 PM CT).
- Time Zone: Central Time (CT).
Tick Value and Increment
- Tick Size: 1 index point.
- Tick Value: $5.00 per tick.
- Minimum Price Fluctuation: 1 point.
This makes E-mini Dow Jones Futures an excellent choice for traders seeking leverage, liquidity, and exposure to the Dow Jones Industrial Average.
Trading Symbol
- Platform Symbol: YM
Margins
To trade E-mini Dow Jones Futures, you’ll need to meet specific margin requirements. Check out Ironbeam’s Margins Page for the latest margin rates and details.
Why Trade E-mini Dow Jones Futures?
- Liquidity: Benefit from high liquidity for efficient trade execution.
- Accessibility: Smaller contract size compared to full-size Dow Jones Futures makes YM accessible to more traders.
- Diversification: Gain exposure to blue-chip U.S. companies within a single instrument.
- Flexibility: Useful for both short-term trading strategies and long-term portfolio hedging.
- Hedging Opportunities: Protect your portfolio against movements in the Dow Jones Industrial Average.
Start Trading YM with Ironbeam
Ironbeam provides a robust trading platform and API to help you access E-mini Dow Jones Futures with ease. Trade confidently with free real-time Level 2 market data and personal broker support.
DISCLAIMER: There is a substantial risk of loss in trading commodity futures and options products. Losses in excess of your initial investment may occur. Past performance is not necessarily indicative of future results. Please contact your account representative with concerns or questions.