Indices » Mini Dow Industrial Index Futures

Discover a new way to play your hunch on the stock market or hedge your stock portfolio with Mini Dow Jones futures. Our user-friendly trading platform and exceptional customer service make trading Mini Dow futures a snap. Open an account to trade futures at optionsXpress.

Symbol
YM
Exchange
CBOT
Contract Size
$5.00 x DJI
Tick Size
1.00 = $5.00

About CBOT Mini Dow Jones Industrial Index 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. Interest in the Mini Dow has exploded, making it one of the CBOT's most successful and fastest-growing products. Mini Dow futures are fully-electronic, trading on the exchange's eCBOT trading platform nearly 24 hours per day. The electronic trading of Mini Dow futures means complete transparency and anonymity for traders. Substantial volume and open interest make for a highly liquid market, and extremely tight bid/ask spreads mean reduced transaction costs. And lower margin requirements make Mini Dow futures more affordable to trade.

optionsXpress clients can trade Mini Dow futures. The Dow has long been the undisputed measure of U.S. stocks, and trading CBOT Mini Dow futures can be a great way to profit from the ups and downs of the U.S. stock market.

CBOT Mini Dow Industrial Futures Specifications

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 eCBOT trading system, from 4:30 PM US EST all the way until 4:15 PM US EST the following afternoon.

Mini Dow futures trade on a quarterly cycle, with the primary contracts being March, June, September, and December.

Please see the disclosures page for additional information regarding this section.