E-Nano Equity Index Futures:
The Smallest Way to Trade the Biggest Markets
E-nano futures give you exposure to the S&P 500, Nasdaq-100, Russell 2000, and Dow Jones at 1/10th the size of Micro E-mini futures.
What are E-Nano Equity Index Futures?
E-nano Equity Index futures are a new contract size launched by CME Group in August 2026. They track the same four benchmark indices as the E-mini and Micro E-mini families: the S&P 500, Nasdaq-100, Russell 2000, and Dow Jones Industrial Average.
The difference is size. E-nano contracts are 1/10th the size of Micro E-minis and 1/100th the size of standard E-minis. That means a much smaller dollar value per point of index movement, and a much smaller amount of capital needed to hold a position.
Why Trade E-Nano Equity Index Futures?
Small Contract Size
E-nano contracts let you take a position in a major index with a fraction of the capital required for E-mini or Micro E-mini contracts.
Precise Position Sizing
The smaller multiplier makes it easier to size a position to match your account and your risk tolerance.
Around-the-Clock Access
Trade nearly 23 hours a day, five days a week, and react to overnight news without waiting for the next session.
Futures trading involves substantial risk and is not suitable for all investors. Leverage can work against you as well as for you.
Meet the Four E-Nano Contracts
NES
E-nano S&P 500 Futures
Tracks the S&P 500 at a $0.50 multiplier per index point, roughly 1/10th the size of the Micro E-mini S&P 500 (MES).
NNQ
E-nano Nasdaq-100 Futures
Tracks the Nasdaq at a $0.20 multiplier, giving traders a small-scale way to follow the tech-heavy index.
NDOW
E-nano Dow Jones Futures
Tracks the Dow Jones Industrial Average at a $0.05 multiplier per index point.
N2K
E-nano Russell 2000 Futures
Tracks the Russell 2000 small-cap index at a $0.50 multiplier per index point.
Start Trading E-Nano Equity Index Futures
E-Nano Equity Index Futures Contract Specs
| Contract | Symbol | Multiplier | Tick Size | Tick Value | Trading Hours |
|---|---|---|---|---|---|
| E-nano S&P 500 | NES | $0.50 x index | 0.5 pts | $0.25 | Sun 6:00 PM – Fri 5:00 PM ET |
| E-nano Nasdaq-100 | NNQ | $0.20 x index | 0.5 pts | $0.10 | Sun 6:00 PM – Fri 5:00 PM ET |
| E-nano Russell 2000 | N2K | $0.50 x index | 0.2 pts | $0.10 | Sun 6:00 PM – Fri 5:00 PM ET |
| E-nano Dow Jones | NDOW | $0.05 x index | 2 pts | $0.10 | Sun 6:00 PM – Fri 5:00 PM ET |
Start Trading Futures with a Low-Cost Broker
Open a MetroTrade account and access futures markets with low commissions, competitive margins, and a platform built for active traders.
Frequently Asked Questions
What are E-nano Equity Index futures?
E-nano Equity Index futures are CME Group contracts that track the S&P 500, Nasdaq-100, Russell 2000, and Dow Jones Industrial Average at 1/10th the size of Micro E-mini futures.
How are E-nano futures different from Micro E-mini futures?
E-nano contracts use a smaller multiplier, roughly 1/10th the size of the corresponding Micro E-mini contract. Both track the same underlying index and settle to the same prices.
How much capital do I need to trade E-nano futures?
Capital requirements depend on current intraday margin, which changes with market conditions. See our margins page for up-to-date figures.
Can beginners trade E-nano futures?
E-nano futures can be a way for newer traders to gain exposure to major index markets with a smaller contract size. As with any futures product, traders should understand the risks and consider their own experience level before trading.
Are E-nano futures available on MetroTrade?
Yes. E-nano S&P 500 (NES), Nasdaq-100 (NNQ), Russell 2000 (N2K), and Dow Jones (NDOW) futures are available to trade.
What are the trading hours for E-nano futures?
E-nano futures trade nearly 24 hours a day on CME Globex, from Sunday at 6:00 p.m. ET through Friday at 5:00 p.m. ET, with a daily maintenance break.