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Outright tick size and tick value per contract, CME specifications, September 2026

Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-09-16, from Futures Tick Size and Tick Value Explained.

as of ranking 10×4read in context →
Outright tick size and tick value per contract, CME specifications, September 2026 — 10 rows by 4 columns, computed from US exchange, SIP and OPRA data.
tickercontract_unittick_sizetick_value_usd
ESUSD 50 x S&P 500 index0.25 index points12.5
MESUSD 5 x S&P 500 index0.25 index points1.25
NQUSD 20 x Nasdaq-100 index0.25 index points5
MNQUSD 2 x Nasdaq-100 index0.25 index points0.5
CL1,000 barrelsUSD 0.01 per barrel10
MCL100 barrelsUSD 0.01 per barrel1
GC100 troy ouncesUSD 0.10 per troy ounce10
MGC10 troy ouncesUSD 0.10 per troy ounce1
ZNUSD 100,000 face value1/2 of 1/32 point (1/64)15.625
ZBUSD 100,000 face value1/32 point31.25
Rows × columns
10 × 4
Computed
Completeness
No missing values
Source
US exchange, SIP and OPRA market data
Licence
Strasmore terms · free, no signup
Formats
JSON · CSV · the SQL below

What each column holds

Column definitions for Outright tick size and tick value per contract, CME specifications, September 2026, derived from the stored result.
ColumnTypeRangeNotes
ticker text 10 distinct values (CL, ES, GC…)
contract_unit text 9 distinct values
tick_size text 5 distinct values
tick_value_usd number 0.5 to 31.25 US dollars

Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.

the exact SQL behind every number 
SELECT
    ticker,
    contract_unit,
    tick_size,
    tick_value_usd
FROM
(
    SELECT 1 AS id, 'ES' AS ticker, 'USD 50 x S&P 500 index' AS contract_unit, '0.25 index points' AS tick_size, 12.50 AS tick_value_usd
    UNION ALL SELECT 2, 'MES', 'USD 5 x S&P 500 index', '0.25 index points', 1.25
    UNION ALL SELECT 3, 'NQ', 'USD 20 x Nasdaq-100 index', '0.25 index points', 5.00
    UNION ALL SELECT 4, 'MNQ', 'USD 2 x Nasdaq-100 index', '0.25 index points', 0.50
    UNION ALL SELECT 5, 'CL', '1,000 barrels', 'USD 0.01 per barrel', 10.00
    UNION ALL SELECT 6, 'MCL', '100 barrels', 'USD 0.01 per barrel', 1.00
    UNION ALL SELECT 7, 'GC', '100 troy ounces', 'USD 0.10 per troy ounce', 10.00
    UNION ALL SELECT 8, 'MGC', '10 troy ounces', 'USD 0.10 per troy ounce', 1.00
    UNION ALL SELECT 9, 'ZN', 'USD 100,000 face value', '1/2 of 1/32 point (1/64)', 15.625
    UNION ALL SELECT 10, 'ZB', 'USD 100,000 face value', '1/32 point', 31.25
) AS specs
ORDER BY id

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