Trade CME Group Futures with Interactive Brokers

Collage of future metals, currencies, energy, commodities

Trade CME Group Futures
with Interactive Brokers

Access a wide range of products with a comprehensive
suite of trading tools, algorithms and order types.

Use micro futures and options to trade a slice of the liquid futures and options markets
with the same efficiency as standard contracts with less upfront commitment.

CME Group Micro E-mini Equity Index Contracts Available at IBKR at Low Cost

CME Group Equity Index futures and options offer around-the-clock liquidity, market depth, and extensive product choice on the world's benchmark indices to suit a variety of trading strategies. Capitalize on potential margin offsets on futures and options strategies, advanced on-screen spreading capabilities, and the certainty of central clearing.

Micro Futures Benefits

  • 1/10 the Size

    At 1/10 the size of the standard-sized contracts, traders can fine tune their exposure to fit their risk appetite

  • Capital Efficiency

    Futures contracts have unique margin requirements that allow traders to use less capital to place trades

  • Around-the-clock Access

    Futures contracts are tradeable nearly 24 hours a day, providing access when other markets are closed

  • Price Discovery & Transparency

    Trade on a regulated exchange and enjoy the transparency of futures, where all traders see the same prices and quotes

CME Micro E-mini Equity Index Futures Contracts

  • Micro E-mini S&P 500 Futures and Options

    Trade exposure to U.S. large-cap stocks, leading barometer of U.S. stock market

  • Micro E-mini Russell 2000 Futures and Options

    Trade exposure to 2,000 U.S. small-cap stocks with the leading small-cap benchmark

  • Micro E-mini Nasdaq-100 Futures and Options

    Trade exposure to largest non-financial companies in the Nasdaq stock market

  • Micro E-mini Dow Jones Industrial Average Futures and Options

    Trade exposure to 30 U.S. blue-chip companies, widely followed indicator of U.S. stock market

CME Futures

Low Cost

Commissions

USD 0.10 to 0.25

per contract
plus exchange and regulatory fees

View Commissions

Contract Specifications

  Micro E-mini S&P 500 Micro E-mini Nasdaq-100 Micro E-mini Russell 2000 Micro E-mini Dow
Contract Size USD 5 × S&P 500 Index USD 2 × Nasdaq-100 Index USD 5 × Russell 2000 Index USD 0.50 × DJIA Index
Trading and Clearing Hours CME Globex and ClearPort: 5:00 p.m. to 4:00 p.m., Sunday-Friday
Minimum Price Fluctuation Outright:
0.25 Index points, equal to USD 1.25 per contract.
Outright:
0.25 Index points, equal to USD 0.50 per contract.
Outright:
0.10 Index points, equal to USD 0.50 per contract.
Outright:
1.00 Index points, equal to USD 0.50 per contract.
Product Code CME Globex: MES
CME ClearPort: MES
Clearing: MES
CME Globex: MNQ
CME ClearPort: MNQ
Clearing: MNQ
CME Globex: M2K
CME ClearPort: M2K
Clearing: M2K
CME Globex: MYM
CME ClearPort: MYM
Clearing: MYM
Contract Months Five months in the March Quarterly Cycle
H, M, U, Z, H (March, June, September, December, March)
Four months in the March Quarterly Cycle (March, June, September, December)
Delivery Delivery is by cash settlement by reference to Final Settlement Price, equal to Special Opening Quotation of Index based on opening prices of Index component stocks.
Termination of Trading 8:30 a.m. CT on 3rd Friday of contract delivery month
Trading in expiring futures terminates at 8:30 am on Last Day of Trading.

Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading futures, please read the CFTC Risk Disclosure. A copy and additional information are available at ibkr.com

Although the size of the Micro E-mini contracts are 1/10th the size of their classic E-mini counterparts, pricing may not exactly track the pricing of the E-mini futures.

CME Group Micro Energy Contracts Available at IBKR at Low Cost

Trade global benchmark products and take advantage of tight bid/ask spreads in the world's most extensive and liquid energy marketplace.

Micro Futures Benefits

  • 1/10 the Size

    At 1/10 the size of the standard-sized contracts, traders can fine tune their exposure to fit their risk appetite

  • Capital Efficiency

    Futures contracts have unique margin requirements that allow traders to use less capital to place trades

  • Around-the-clock Access

    Futures contracts are tradeable nearly 24 hours a day, providing access when other markets are closed

  • Price Discovery & Transparency

    Trade on a regulated exchange and enjoy the transparency of futures, where all traders see the same prices and quotes

CME Micro Energy Futures Contracts

  • Micro WTI Futures and Options

    Gain direct exposure to the crude oil market using CME Group West Texas Intermediate (WTI) Light Sweet Crude Oil futures, the world’s most liquid oil contract. WTI Crude Oil futures and options are the most efficient way to trade the largest light, sweet crude oil blend.

  • Micro Natural Gas Futures

    Manage risk using highly liquid Henry Hub Natural Gas futures and options. Quickly get in and out of positions with one of the largest physical commodity futures contracts in the world by volume, or customize your trading strategies with American, calendar spread, European or daily options.

CME Crude

Low Cost

Commissions

USD 0.10 to 0.25

per contract
plus exchange and regulatory fees

View Commissions

Micro WTI Crude Oil Futures - Contract Specifications

Contract Unit 100 barrels
Price Quotation U.S. dollars and cents per barrel
Trading Hours CME Globex:
Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
CME ClearPort:
Sunday 5:00 p.m. - Friday 4:00 p.m. CT with no reporting Monday - Thursday from 4:00 p.m. - 5:00 p.m. CT
Minimum Price Fluctuation 0.01 per barrel = $1.00
Product Code CME Globex: MCL
CME ClearPort: MCL
Clearing: MCL
TAS: MCT
Listed Contracts Monthly contracts listed for the current year and the next 3 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year.
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month will be equal to the Light Sweet Crude Oil Futures contract final settlement price for the corresponding contract month on the last trading day for the Micro WTI Crude Oil Futures contract month.
Termination of Trading Trading terminates 1 business day before the corresponding CL contract month or 4 business days before the 25th calendar of the month prior to the contract month. If the 25th calendar day is not a business day, trading terminates 5 business days before the 25th calendar day of the month prior to the contract month.
TAM or TAS Rules Trading at Settlement (TAS) is subject to the requirements of Rule 524.A. TAS trades off a "Base Price" of zero (equal to the daily settlement price) to create a differential versus the daily settlement price in the underlying futures contract month. The TAS clearing price equals the daily settlement price of the underlying futures contract month plus or minus the TAS transaction price.
TAS Table
Settlement Procedures Crude Oil Futures Settlement Procedures
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 309
Block Minimum Block Minimum Thresholds
Price Limit or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing

Micro Henry Hub Natural Gas Futures - Contract Specifications

Contract Unit 1,000 MMBtu
Price Quotation U.S. dollars and cents per MMBtu
Trading Hours CME Globex:
Sunday - Friday 5:00 p.m. - 4:00 p.m. with a 60-minute break each day beginning at 4:00 p.m.
CME ClearPort:
Sunday 5:00 p.m. - Friday 4:00 p.m. CT with no reporting Monday - Thursday from 4:00 p.m. – 5:00 p.m. CT
Minimum Price Fluctuation CME Globex:
Intercommodity spreads: 0.00025 per MMBtu = $0.25
Outright:
0.001 per MMBtu = $1.00
Product Code CME Globex: MNG
CME ClearPort: MNG
Clearing: MNG
Listed Contracts Monthly contracts listed for 24 consecutive months
Settlement Method Financially Settled
Termination of Trading Trading terminates on the 4th last business day of the month prior to the contract month.
Settlement Procedures Natural Gas Futures Settlement Procedures
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 440
Block Minimum Block Minimum Thresholds
Price Limit or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing

Micro WTI Crude Oil futures will be listed as a monthly contract, expiring the day before the standard counterpart.

CME Group Micro Metals Contracts Available at IBKR at Low Cost

Express a view on the both precious and industrial metals markets or trade inter-market metal spreads. Explore the variety of micro contracts, allowing you to add more precision to your metals portfolio.

Micro Futures Benefits

  • 1/10 the Size

    At 1/10 the size of the standard-sized contracts, traders can fine tune their exposure to fit their risk appetite

  • Capital Efficiency

    Futures contracts have unique margin requirements that allow traders to use less capital to place trades

  • Around-the-clock Access

    Futures contracts are tradeable nearly 24 hours a day, providing access when other markets are closed

  • Price Discovery & Transparency

    Trade on a regulated exchange and enjoy the transparency of futures, where all traders see the same prices and quotes

CME Micro Metals Futures Contracts

  • Micro Gold Futures and Options

    Micro gold futures and options provide global price discovery and opportunities for portfolio diversification by presenting a pure play trade on the price of gold, which offers ongoing trading opportunities, as gold prices respond quickly to political and economic events.

  • Micro Silver Futures

    Possessing both precious and industrial metals characteristics, Micro Silver futures and options allows traders a flexible way to gain exposure to this versatile metal.

  • Micro Copper Futures

    As a critical metal in the industrial world, copper is often referred to as ‘Dr. Copper’ as it is widely recognized as an indicator of global economic health.

gold bars

Low Cost

Commissions

USD 0.10 to 0.25

per contract
plus exchange and regulatory fees

View Commissions

Contract Specifications

  Micro Copper Micro Gold Micro Silver
Underlying Market Copper, a widely used base metal Gold, a widely used precious metal Silver, a widely used precious metal
Contract Size 2,500 pounds 10 troy ounces 1,000 troy ounces
Ratio to Standard Contract 1/10 of Copper futures 1/10 of COMEX Gold futures 1/5 of COMEX Silver futures
Minimum Tick/Price Fluctuation $0.0005 per pound $0.10 per troy ounce $0.01 per troy ounce
Dollar Value of One Tick $1.25 per contract $0.10 per troy ounce $10 per contract
Product Code MHG MGC SIL
Settlement Financial Physical Physical
Trading Hours Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT

CME Group Micro FX Contracts Available at IBKR at Low Cost

Manage FX exposure in our highly liquid marketplace using our cleared and listed futures and options. Benefit from open and transparent pricing to identify opportunities and find efficient alternatives to forwards, swaps, and options.

Micro Futures Benefits

  • 1/10 the Size

    At 1/10 the size of the standard-sized contracts, traders can fine tune their exposure to fit their risk appetite

  • Capital Efficiency

    Futures contracts have unique margin requirements that allow traders to use less capital to place trades

  • Around-the-clock Access

    Futures contracts are tradeable nearly 24 hours a day, providing access when other markets are closed

  • Price Discovery & Transparency

    Trade on a regulated exchange and enjoy the transparency of futures, where all traders see the same prices and quotes

CME Micro FX Futures Contracts

  • Micro EUR/USD Futures

    The most actively traded currencies in the world, the euro and US dollar are underwritten by more than $1 trillion in goods and services trade annually.

  • Micro AUD/USD Futures

    Australia’s resource-driven economy is heavily dependent on global growth and commodity prices. CME FX futures offer more precise risk management of AUD/USD exposure.

  • Micro GBP/USD Futures

    One of the most actively traded currencies in the world, the British pound and US dollar are underwritten by more than $250Bn in trade annually.

currency with a chart overlaid

Low Cost

Commissions

USD 0.05 to 0.15

per contract
plus exchange and regulatory fees

View Commissions

Contract Specifications

  Micro EUR/USD Micro AUD/USD Micro GBP/USD
Underlying Currency Euros Australian dollars British pounds
Contract Size 12,500 euros 10,000 Aussie dollars 6,250 pounds
Ratio to Standard Contract 1/10 1/10 1/10
Minimum Tick/Price Fluctuation 0.0001 USD per EUR 0.0001 USD per AUD 0.0001 USD per GBP
Value of One Tick $1.25 per contract $1 per contract $0.625 per contract
Product Code M6E M6A M6B
Settlement Physical Physical Physical
Trading Hours Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT

CME Group Micro Interest Rates Contracts Available at IBKR at Low Cost

Use Interest Rate futures and options to manage exposure to U.S. treasury yields, global money markets, and mortgage-backed securities in a safe, capital-efficient way.

CME Group offers two types of smaller-sized interest rate futures: yield futures and micro treasury futures. Yield futures are cash settled, priced in yield and are linked to a specific on-the-run security. Micro Treasury futures are cash settled, 1/10 size versions of the extant Treasury futures, and are traded on price, track a basket of deliverable securities, and settle to the prices of their respective standard Treasury futures.

Micro Futures Benefits

  • 1/10 the Size

    At 1/10 the size of the standard-sized contracts, traders can fine tune their exposure to fit their risk appetite

  • Capital Efficiency

    Futures contracts have unique margin requirements that allow traders to use less capital to place trades

  • Around-the-clock Access

    Futures contracts are tradeable nearly 24 hours a day, providing access when other markets are closed

  • Price Discovery & Transparency

    Trade on a regulated exchange and enjoy the transparency of futures, where all traders see the same prices and quotes

Yield Futures Contracts

  • 2-Year Yield futures

    Trade one of the most watched points at the short end of the curve, priced in yield.

  • 5-Year Yield futures

    An intuitive way to obtain 5-year Treasury exposure. Contracts are priced in yield with a constant BPV for easier spread trading across Yield future tenors.

  • 10-Year Yield futures

    Trade one of the most watched points on the curve, priced in yield.

  • 30-Year Yield futures

    Priced in yield, obtain exposure to the long end of the curve in Treasury markets with these contracts.

Micro Treasury Futures Contracts

  • Micro 10-year Futures

    A smaller version of the Ultra 10-Year futures contract, built for traders to offer greater precision and improved yield curve trading.

  • Micro Ultra Treasury Bond

    Achieve 30-year Treasury bond exposure at a fraction of the contract size, making for more accessible trades with pinpoint exposure.

CME Treasuries

Low Cost

Commissions

USD 0.10 to 0.25

per contract
plus exchange and regulatory fees

View Commissions

Yield Futures Contract Specifications

2-Year Yield Futures 5-Year Yield Futures 10-Year Yield Futures 30-Year Yield Futures
Product Code 2YY 5YY 10Y 30Y
Settlement Cash-settled to BrokerTec 2-Year benchmark Cash-settled to BrokerTec 5-Year benchmark Cash-settled to BrokerTec 10-Year benchmark Cash-settled to BrokerTec 30-Year benchmark
Price Convention US Treasury Yield
Contract Size $10.00 DV01
Tick Size $1.00 (1/10 of 1 bp)
# of Expiries 2 nearest monthly contracts
Termination Last Business Day of Month

Micro Treasury Futures Specifications

  Micro Ultra 10-Year Micro Ultra T-Bond
Product code MTN MWN
Price convention Traded in price Traded in price
Settlement Cash-settled Cash-settled
Underlying Ultra 10-Year futures settlement price Ultra T-Bond futures settlement price
Contract size $8.80 DV01* $20.47 DV01*
Tick size $1.5625 (1/2 of 1/32 of one point) $3.13 (1/2 of 1/32 of one point)
Initial margin $300 (estimate)* $640 (estimate)*
Contracts listed 2 Quarterly contracts  
Financial charting screen

Why Trade CME Group Futures with Interactive Brokers?

Interactive Brokers (Nasdaq: IBKR) is an automated global electronic broker that serves individual investors, hedge funds, proprietary trading groups, registered investment advisors and introducing brokers.

Our four-decade focus on technology and automation allows us to provide our clients with a sophisticated, global trading platform with the lowest costs for managing investments. IBKR clients enjoy access to stocks, options, futures, currencies, bonds, funds and more on over 150 markets in 34 countries.

Learn why Barron’s rated IBKR as "Rated #1 – Best Online Broker" in 2023. Read the full article

Already a Client?

If you are an IBKR client with Futures trading permission, you can already trade CME Group futures. If you do not have Futures trading permissions, simply log in to Client Portal and request Futures trading permissions from the Settings > Account Settings > Trading Experiences & Permissions menu item.

Add Permission

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products are only covered by the UK FSCS in limited circumstances.

Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.

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