YM Dow Futures

Category: Equity Index Futures / US Index Futures

About YM Dow Futures

The YM Dow Futures have been developed to track the price (performance) of the Dow Jones Industrials index (DJI). They were introduced and become available for trading in 2002 year. The Dow are traded on the Chicago Merchandise Exchange (CME).

The YM Dow Futures belongs to the group of the "US Index" futures from the "Equity Index" futures category.

The value of the one YM Dow Futures contracts is $5 times the value of the Dow Jones Industrials index. If for example, the Dow Jones Industrials index (DJI) is traded at $12,000, the value of one future contracts gives to a furfures trader a buying power that is equivalent to $60,000 (5 times bigger). Furthermore, if the Dow Jones Industrials index moves up or drops down for one point, the Dow contract increase or decline in its value by $5. The tick size (minimum price fluctuation) of the YM Dow Futures contract is 1 which correspond to $5.00.

The YM Dow Futures are traded under the "YM" symbol and the regular trading hours for futures are from 5 p.m. EST to 3:15 p.m. EST on the next trading day. The YM futures contracts are classified by the month of expiration. The YM futures expire on the third Friday of March, June, September and December. Based on the expiration, the year's number and month's letter are added to the futures symbol for its identification.

The YM futures that expire in March have "H" letter added, June expiration futures have "M" letter added, for September expiration futures "U" letter is used and those futures that expire in December have "Z" letter added at the end. Furthermore, the YM Dow Futures that expire in December 2024 are traded under the "YM4Z" symbol, the March 2025 expiration contracts are traded under the "YM5H" symbol, June 2025 expiration Dow have "YM5M" symbol and the ones that expire in September 2025 are listed under the "YM5U" symbol.

YM Dow Futures Contracts