Mes futures tick value a $5 MES futures tick value allows

A $5 MES futures tick value allows algorithmic models to scale orders with high precision. This is critical during open and close auctions where volatility can surge. Micro E-mini S&P 500 (MES) Futures Contract Specifications 10 index point integer multiples, 96 days prior to expiration of the option: +10% to -20% of the prior day’s settlement price on the underlying future contract MES futures tick value plays a pivotal role for systematic trading models. Backtests over the last quarter show average daily moves worth around $200–$300 based on tick-based calculations.