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Futures Symbols List: Root Codes, Month Codes and Micros

Futures symbols list from CME Group: root codes for every major contract, the 12 month codes, micro futures symbols and key contract specifications.

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Futures Symbols List: Root Codes, Month Codes and Micros

A futures symbol is a root code for the product, a one-letter month code and the year: ESZ6 is the E-mini S&P 500 (ES) for December (Z) 2026 (6). The tables below list the CME Globex root codes, the 12 month codes and the micro futures symbols for the main CME Group contracts, with contract size and tick value from each contract's CME specs page (checked on 31 Oct 2026).

Quick reference:

  • Month codes: F Jan, G Feb, H Mar, J Apr, K May, M Jun, N Jul, Q Aug, U Sep, V Oct, X Nov, Z Dec.
  • Most traded roots: ES (S&P 500), NQ (Nasdaq-100), YM (Dow), RTY (Russell 2000), CL (crude oil), NG (natural gas), GC (gold), ZN (10-Year T-Note).
  • Micros: add M or use a micro root: MES, MNQ, MYM, M2K, MCL, MNG, MGC, SIL, MHG, M6E, MBT, MET.

How to Read a Futures Symbol

Read a futures symbol left to right: product, month, year. The root code tells you the product, and the month and year letters tell you which expiry.

Four steps showing how to read the futures symbol ESZ6: root code ES is the E-mini S&P 500; month code Z is December; year digit 6 is 2026; so ESZ6 is the E-mini S&P 500 December 2026 contract.

Root code, month code and year digit make up most futures symbols on CME Globex.

CME's quote pages on 31 Oct 2026 showed lead contracts such as ESZ6, CLZ6, GCZ6 and BTCX6 in that format. Some products show two year digits: CME's Henry Hub natural gas page showed NGZ26, and natural gas lists monthly contracts for the current year and the next 12 calendar years. Brokers and charting platforms also add their own prefixes or suffixes, so check how your platform writes a symbol before you trade.

Futures Month Codes

Every CME futures month has a single letter code. CME Group publishes this list on its Contract Month Codes page.

Month Code Month Code
January F July N
February G August Q
March H September U
April J October V
May K November X
June M December Z

Equity index futures such as ES and NQ list only March, June, September and December (H, M, U, Z), so you will mostly see those four letters on index charts.

Stock Index Futures Symbols

The four US stock index E-minis are ES, NQ, YM and RTY, and each has a micro version one tenth the size. All are listed on CME except the Dow contracts, which are CBOT products.

Symbol Contract Exchange Contract size Tick value
ES E-mini S&P 500 CME $50 x S&P 500 Index 0.25 pt = $12.50
MES Micro E-mini S&P 500 CME $5 x S&P 500 Index 0.25 pt = $1.25
NQ E-mini Nasdaq-100 CME $20 x Nasdaq-100 Index 0.25 pt = $5.00
MNQ Micro E-mini Nasdaq-100 CME $2 x Nasdaq-100 Index 0.25 pt = $0.50
YM E-mini Dow CBOT $5 x DJIA 1 pt = $5.00
MYM Micro E-mini Dow CBOT $0.50 x DJIA 1 pt = $0.50
RTY E-mini Russell 2000 CME $50 x Russell 2000 Index 0.10 pt = $5.00
M2K Micro E-mini Russell 2000 CME $5 x Russell 2000 Index 0.10 pt = $0.50
EMD E-mini S&P MidCap 400 CME $100 x S&P MidCap 400 Index 0.10 pt = $10.00
NKD Nikkei 225 (USD) CME $5 x Nikkei Stock Average 5 pts = $25.00

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Energy Futures Symbols

Crude oil is CL, with QM (E-mini) and MCL (Micro WTI) as smaller sizes; natural gas is NG, with QG and MNG. All energy contracts below are NYMEX products and list monthly contracts.

Symbol Contract Contract size Tick value
CL Crude Oil (WTI) 1,000 barrels $0.01 = $10.00
QM E-mini Crude Oil 500 barrels $0.025 = $12.50
MCL Micro WTI Crude Oil 100 barrels $0.01 = $1.00
NG Henry Hub Natural Gas 10,000 MMBtu $0.001 = $10.00
QG E-mini Natural Gas 2,500 MMBtu $0.005 = $12.50
MNG Micro Henry Hub Natural Gas 1,000 MMBtu $0.001 = $1.00
RB RBOB Gasoline 42,000 gallons $0.0001 = $4.20
HO NY Harbor ULSD (heating oil) 42,000 gallons $0.0001 = $4.20

Metals Futures Symbols

Gold is GC and silver is SI, both COMEX contracts, with micro versions MGC and SIL. Platinum (PL) is a NYMEX product.

Symbol Contract Exchange Contract size Tick value
GC Gold COMEX 100 troy oz $0.10 = $10.00
MGC Micro Gold COMEX 10 troy oz $0.10 = $1.00
1OZ 1-Ounce Gold COMEX 1 troy oz $0.25 = $0.25
SI Silver COMEX 5,000 troy oz $0.005 = $25.00
SIL Micro Silver (1,000 oz) COMEX 1,000 troy oz $0.005 = $5.00
HG Copper COMEX 25,000 lb $0.0005 = $12.50
MHG Micro Copper COMEX 2,500 lb $0.0005 = $1.25
PL Platinum NYMEX 50 troy oz $0.10 = $5.00

Interest Rate Futures Symbols

US Treasury futures are CBOT contracts: ZT, ZF, ZN and ZB, plus TN and UB for the Ultra contracts. Their prices move in fractions of 1/32 of a point.

Symbol Contract Contract size Tick value
ZT 2-Year T-Note $200,000 face value 1/8 of 1/32 = $7.8125
ZF 5-Year T-Note $100,000 face value 1/4 of 1/32 = $7.8125
ZN 10-Year T-Note $100,000 face value 1/2 of 1/32 = $15.625
TN Ultra 10-Year T-Note $100,000 face value 1/2 of 1/32 = $15.625
ZB U.S. Treasury Bond $100,000 face value 1/32 = $31.25
UB Ultra U.S. Treasury Bond $100,000 face value 1/32 = $31.25
10Y 10-Year Yield 1,000 index points 0.001 = $1.00

FX Futures Symbols

CME currency futures use a 6 plus a letter on CME Globex: 6E is the euro, 6J the yen, 6B the pound. The micro euro is M6E.

Symbol Contract Contract size Tick value
6E Euro FX 125,000 euros 0.00005 = $6.25
M6E Micro EUR/USD 12,500 euros 0.0001 = $1.25
6J Japanese Yen 12,500,000 yen 0.0000005 = $6.25
6B British Pound 62,500 pounds 0.0001 = $6.25
6A Australian Dollar 100,000 AUD 0.00005 = $5.00
6C Canadian Dollar 100,000 CAD 0.00005 = $5.00
6S Swiss Franc 125,000 CHF 0.00005 = $6.25

Crypto and Agriculture Futures Symbols

CME lists bitcoin (BTC) and ether (ETH) futures with micro versions MBT and MET. Grains and oilseeds are CBOT contracts with Z roots, and livestock contracts are on CME.

Symbol Contract Exchange Contract size Tick value
BTC Bitcoin CME 5 bitcoin $5 = $25.00
MBT Micro Bitcoin CME 0.10 bitcoin $5 = $0.50
ETH Ether CME 50 ether $0.50 = $25.00
MET Micro Ether CME 0.1 ether $0.50 = $0.05
ZC Corn CBOT 5,000 bushels 1/4 cent = $12.50
ZW Chicago SRW Wheat CBOT 5,000 bushels 1/4 cent = $12.50
ZS Soybeans CBOT 5,000 bushels 1/4 cent = $12.50
ZM Soybean Meal CBOT 100 short tons $0.10 = $10.00
ZL Soybean Oil CBOT 60,000 lb 0.0001 = $6.00
LE Live Cattle CME 40,000 lb 0.00025 = $10.00
HE Lean Hogs CME 40,000 lb 0.00025 = $10.00
GF Feeder Cattle CME 50,000 lb 0.00025 = $12.50

Micro Futures Symbols

Micro futures symbols mostly start with M, but not all of them are one tenth of the full contract. The table pairs each micro with its full-size contract so you can see the ratio.

Micro Full size Micro tick value Size vs full
MES ES $1.25 1/10
MNQ NQ $0.50 1/10
MYM YM $0.50 1/10
M2K RTY $0.50 1/10
MCL CL $1.00 1/10
MNG NG $1.00 1/10
MGC GC $1.00 1/10
SIL SI $5.00 1/5
MHG HG $1.25 1/10
M6E 6E $1.25 1/10
MBT BTC $0.50 1/50
MET ETH $0.05 1/500

Silver's micro is SIL, not MSI, and the bitcoin and ether micros are much smaller than a tenth. Choosing between a micro and its full-size contract is mainly a question of position size and fees per dollar of exposure.

Globex Codes vs Clearing Codes

The symbol you type in a trading platform is normally the CME Globex code, which can differ from the clearing code on your statements. CME's specs pages list both.

Contract CME Globex code Clearing code
Corn ZC C
Soybeans ZS S
10-Year T-Note ZN 21
Euro FX 6E EC
Japanese Yen 6J J1
E-mini S&P 500 ES ES

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Contract Months and the Front Month

Each product lists its own set of months, so the next contract to trade depends on the product. These cycles are from the "Listed Contracts" line of each CME specs page.

  • ES, NQ, YM, RTY and their micros: quarterly, March, June, September and December.
  • Treasuries (ZT, ZF, ZN, ZB): quarterly, 3 consecutive quarters listed.
  • CL and NG: every month.
  • GC: 26 consecutive months plus any June and December in the nearest 72 months.
  • Corn (ZC): March, May, July, September and December.

As a contract nears expiry, volume moves to the next month and traders roll their positions. Our guide to futures rollover explains when and how to switch contracts.

What to Check in Futures Contract Specifications

Before trading a symbol for the first time, open its CME contract specifications page and check five lines. They tell you what the symbol is worth and when it stops trading.

  1. Contract unit: what one contract controls, such as $50 x S&P 500 or 1,000 barrels.
  2. Minimum price fluctuation: the tick size and its dollar value.
  3. Trading hours: for ES, Sunday 6:00 p.m. to Friday 5:00 p.m. ET with a daily 5:00 to 6:00 p.m. ET maintenance period.
  4. Settlement method: ES is financially settled; NG, for example, is deliverable.
  5. Termination of trading: ES stops at 9:30 a.m. ET on the third Friday of the contract month.

For tick size, tick value and point value of every contract in one place, see our futures tick value chart.

Trading Futures Symbols on a VPS

Futures trade nearly 23 hours a day, so charts, alerts and automated strategies on these symbols often run while you are away. A trading VPS keeps your platform connected around the clock, and QuantVPS servers in Chicago list 0.52ms to CME.

FAQs

What does ESZ6 mean?

ES is the E-mini S&P 500, Z is the December month code and 6 is 2026. ESZ6 is the E-mini S&P 500 contract that expires in December 2026.

What are the futures month codes?

F January, G February, H March, J April, K May, M June, N July, Q August, U September, V October, X November and Z December, as published by CME Group.

What are the micro futures symbols?

MES (S&P 500), MNQ (Nasdaq-100), MYM (Dow), M2K (Russell 2000), MCL (crude oil), MNG (natural gas), MGC (gold), SIL (silver), MHG (copper), M6E (euro), MBT (bitcoin) and MET (ether).

What is the symbol for gold futures?

GC on CME Globex for the 100 troy ounce COMEX contract. Micro Gold is MGC (10 troy ounces) and 1-Ounce Gold is 1OZ.

Where can I find official futures contract specifications?

On each product's "Contract Specs" page at cmegroup.com, which lists the contract unit, tick, hours, product codes, listed months, settlement and last trading day.

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