Euro FX Futures Tick Value (6E), Point Value & Contract Specs
One 6E (Euro FX) tick is 0.00005 USD per euro and is worth $6.25 per contract. A 1.00 move in the price is worth $125,000. Source: CME Group contract specs.
6E contract specs
| Product | Euro FX Futures |
|---|---|
| Symbol (CME Globex) | 6E |
| Exchange | CME (rulebook chapter CME 261) |
| Contract unit | 125,000 euros |
| Price quoted in | USD per euro |
| Tick size (outright) | 0.00005 USD per euro |
| Tick value | $6.25 per contract |
| Point value (1.00 move) | $125,000 per contract |
| Pip (0.0001) value | $12.50 (2 ticks) |
| Settlement | Physical delivery |
| Listed contracts | Quarterly contracts (Mar, Jun, Sep, Dec) listed for 20 consecutive quarters and serial contracts listed for 16 months. Month codes: F G H J K M N Q U V X Z |
| Next expiry | 6EZ6 (Dec 2026): suggested roll Wed, Dec 9, 2026, last trading day Mon, Dec 14, 2026. Rollover calendar |
| Trading hours | CME Globex: Sunday–Friday 5:00 p.m. – 4:00 p.m. CT (6:00 p.m. – 5:00 p.m. ET), with a daily break 4:00 p.m. – 5:00 p.m. CT. Trading hours today and holidays |
| Micro contract | M6E (Micro EUR/USD): 6E = 10 × M6E. The tick sizes differ: 6E moves in 0.00005 (half a pip, $6.25), M6E in 0.0001 (one pip, $1.25). Per pip, 1 6E = 10 M6E. |
Sources: CME Group contract specs (read October 23, 2026) · Barchart contract profile (cross-check) (read October 23, 2026). Tick size, tick value and contract size come from the CME Group spec page. A second source, read the same day, confirms them: Barchart's contract profile (tick size and tick value) or, for MYM, M2K, MCL and M6E, TradingView (contract size).
How much is 1 6E contract?
Type the current price. The default is an example level, not a quote.
Notional value: $140,0001.12000 × $125,000 × 1 contract
Notional value is the size of the exposure, not the cash you need. Your broker asks for a margin, set by the broker and CME.
About 6E
6E is 125,000 euros, quoted in US dollars per euro, like the EUR/USD spot rate. The futures price differs from spot by the interest rate gap between the euro and the dollar until expiry.
It moves with euro and US interest rates: ECB and Federal Reserve decisions and US data such as the jobs report move it.
It is physically delivered: euros and dollars change hands at expiry. Its tick is half a pip (0.00005), worth $6.25.
What one 6E move is worth
Worked examples with an example move (not a quote):
- A 0.0020 (20-pip) move on 1 6E = 40 ticks × $6.25 = $250.00.
- A 0.0020 (20-pip) move on 2 6E = $500.00.
- 1 tick on 10 6E = 10 × $6.25 = $62.50.
- The same 0.0020 (20-pip) move on 1 M6E = $25.00.
6E and M6E
M6E is the micro version of 6E. 6E = 10 × M6E: M6E ticks are worth $1.25 and a 1.00 move is $12,500. The tick sizes differ: 6E moves in 0.00005 (half a pip, $6.25), M6E in 0.0001 (one pip, $1.25). Per pip, 1 6E = 10 M6E.
Micros let you size in smaller steps: a stop of the same distance costs a fraction as much. See micro vs mini futures to convert a position from one to the other.
6E futures calculator
Trade
Contract: 6E (Euro FX). Other contracts
1 tick = 0.00005 = $6.25 · 1.00 move = $125,000
Commission per contract, per side (entry and exit are each charged). Add exchange and clearing fees if your broker lists them separately.
Profit and loss
+40 ticks × $6.25 × 1 contract = $250.00 gross
$250.00 − $0.00 commission = $250.00 net
Notional value at entry (example price, not a quote): $140,000 (1.12000 × $125,000 × 1 contract).
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6E FAQ
How much is 1 6E contract worth?
Its notional value is the price times $125,000. At an example price of 1.12000, 1 6E controls $140,000. Type the current price in the notional value box on this page for today's figure. The margin your broker asks to hold the contract is a different, much smaller number set by the broker and CME.
What is the 6E tick value?
One 6E tick is 0.00005 USD per euro and is worth $6.25 per contract (CME Group contract specs). A 1.00 move in the price is worth $125,000.
What is one pip worth on 6E?
A pip is 0.0001. On 6E that is 2 ticks of 0.00005, worth $12.50 per contract.
How many M6E make one 6E?
10 M6E carry the same exposure as 1 6E: 10 × $12,500 = $125,000 per 1.00 move. The tick sizes differ: 6E moves in 0.00005 (half a pip, $6.25), M6E in 0.0001 (one pip, $1.25). Per pip, 1 6E = 10 M6E. A 0.0020 (20-pip) move is worth $250.00 on 1 6E and $25.00 on 1 M6E.
Is 6E cash-settled?
No. 6E is settled by physical delivery ("deliverable" in the CME specs): a position held through expiry ends in delivery of the underlying.
Which months does 6E trade?
Quarterly contracts (Mar, Jun, Sep, Dec) listed for 20 consecutive quarters and serial contracts listed for 16 months (CME Group). Month codes: F, G, H, J, K, M, N, Q, U, V, X, Z.