RTY Tick Value, Point Value & Contract Specs
One RTY (E-mini Russell 2000) tick is 0.1 index points and is worth $5.00 per contract. A 1.00 move in the price is worth $50. Source: CME Group contract specs.
RTY contract specs
| Product | E-mini Russell 2000 Index Futures |
|---|---|
| Symbol (CME Globex) | RTY |
| Exchange | CME (rulebook chapter CME 393) |
| Contract unit | $50 × Russell 2000 Index |
| Price quoted in | index points |
| Tick size (outright) | 0.1 index points |
| Tick value | $5.00 per contract |
| Point value (1.00 move) | $50 per contract |
| Ticks per 1.00 move | 10 |
| Settlement | Cash-settled |
| Listed contracts | Quarterly contracts (Mar, Jun, Sep, Dec) listed for 5 consecutive quarters, 2 additional June contract months and 4 additional December contract months. Month codes: H M U Z |
| Next expiry | RTYZ6 (Dec 2026): suggested roll Mon, Dec 14, 2026, last trading day Fri, Dec 18, 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 | M2K (Micro E-mini Russell 2000): RTY = 10 × M2K. |
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 RTY contract?
Type the current price. The default is an example level, not a quote.
Notional value: $140,0002,800.0 × $50 × 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 RTY
RTY follows the Russell 2000: about 2,000 small US companies, the smaller part of the Russell 3000 index.
Traders use it for small-cap exposure, apart from the large companies that drive ES and NQ.
It ticks in 0.10 index points worth $5, finer than the 0.25-point ticks of ES and NQ.
Trading strategies backtested on the continuous RTY contract (RTY1!): best RTY strategies.
What one RTY move is worth
Worked examples with an example move (not a quote):
- A 10-point move on 1 RTY = 100 ticks × $5.00 = $500.00.
- A 10-point move on 2 RTY = $1,000.00.
- 1 tick on 10 RTY = 10 × $5.00 = $50.00.
- The same 10-point move on 1 M2K = $50.00.
RTY and M2K
M2K is the micro version of RTY. RTY = 10 × M2K: M2K ticks are worth $0.50 and a 1.00 move is $5.
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.
RTY futures calculator
Trade
Contract: RTY (E-mini Russell 2000). Other contracts
1 tick = 0.1 = $5.00 · 1.00 move = $50
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
+100 ticks × $5.00 × 1 contract = $500.00 gross
$500.00 − $0.00 commission = $500.00 net
Notional value at entry (example price, not a quote): $140,000 (2,800.0 × $50 × 1 contract).
You know what one RTY tick pays. Does your strategy catch them?
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RTY FAQ
How much is 1 RTY contract worth?
Its notional value is the price times $50. At an example price of 2,800.0, 1 RTY 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 RTY tick value?
One RTY tick is 0.1 index points and is worth $5.00 per contract (CME Group contract specs). A 1.00 move in the price is worth $50.
How many ticks are in a point on RTY?
10. A tick is 0.1, so a 1.00 move is 10 ticks × $5.00 = $50.
How many M2K make one RTY?
10 M2K carry the same exposure as 1 RTY: 10 × $5 = $50 per 1.00 move. A 10-point move is worth $500.00 on 1 RTY and $50.00 on 1 M2K.
Is RTY cash-settled?
Yes. RTY is cash-settled ("financially settled" in the CME specs): there is no delivery, open positions are settled in cash at expiry.
Which months does RTY trade?
Quarterly contracts (Mar, Jun, Sep, Dec) listed for 5 consecutive quarters, 2 additional June contract months and 4 additional December contract months (CME Group). Month codes: H, M, U, Z.