What are the contract specifications for the E-mini S&P 500 (ES)?

The E-mini S&P 500 (ES) is a CME-traded equity index futures contract.
It has the following attributes:

  • Multiplier: $50 per point
  • Minimum tick: 0.25 points ($12.50)
  • Intraday margin: $500 per contract
  • Initial / overnight margin: $28,628.75 per contract
  • Commission: $1.29 per contract, per side

The intraday margin period ends at 16:45 ET and the session closes at 17:00 ET.

Trading is available Sunday 18:00 (6:00 PM) ET through Friday 5:00 PM ET with a daily maintenance break from 5:00 to 6:00 PM ET.


Margin requirements are set by the exchange and are subject to change. Margin requirements noted above are as of September 16, 2026.

Contract specifications for all eligible CME Group futures contracts are available in the TradeZero client portal.

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