MET tick value and contract specs
Micro Ether futures on CME: what one tick is worth, the full exchange specification, and what a move costs on a prop firm account.
What is the MET tick value?
One MET tick is $0.50 per ether, worth $0.05 per contract. A $10 move in ether is worth $1, so a move of $50 per ether is 100 ticks, or $5 on one contract.
MET contract specifications
From CME Group, read 2026-09-22.
Specification
Value
Source: CME Group - Micro Ether futures contract specs, retrieved 2026-09-22. Margin is omitted: it changes often and differs by broker.
MET ticks to dollars
Profit or loss = ticks moved × tick value × contracts.
Price move
Ticks
1 contract
5 contracts
10 contracts
MET and prop firm drawdown
A prop firm’s drawdown limit is a dollar amount, so the useful question is how far the market can move against you before you hit it. On a $2,000 limit, one MET contract has $20,000 per ether (40,000 ticks) of room; five contracts have $4,000 per ether (8,000 ticks). A trailing drawdown shrinks that room as open profit is given back, so measure from where the limit is now, not where it started.
MET trading hours
Central Time (CT)
Eastern Time (ET)
Daily break
CME sets hours in Chicago time. ET is always CT + 1 hour, because both zones change for daylight saving on the same dates.
MET hours and holidays
MET trades on CME Globex 24/7, except maintenance windows on Saturday 2:00 am – 4:00 am CT and Monday–Friday 4:00 pm – 4:02 pm CT. See whether it is open right now, in your own time zone, on the futures market hours page. Holidays close or shorten the session - the CME holiday schedule for 2026 lists every one.
MET contract months
Monthly contracts for 6 consecutive months, plus quarterly contracts for 4 more quarters.
Month code
Month
Example symbol
METZ26 is the December 2026 contract.
Reading a contract symbol
A full symbol is the product code, the month code and the year. How the codes work, and when volume rolls to the next contract, is on the futures month codes page.
MET micro and mini
MET other sizes
ETH (Ether) tracks the same market at 500 times the size of MET: one tick is worth $25, against $0.05.
Sizing in the smaller contract lets you scale a position in finer steps, at the cost of paying commission on more contracts. Micro vs mini futures compares every pair.
Which prop firms allow MET?
Prop firms and MET
Each futures prop firm publishes its own list of permitted products and its own contract limits, and many count micros differently from minis. We do not yet record those lists symbol by symbol, so this page does not name firms rather than guess. Compare futures prop firms and check the firm’s rules page for MET before you buy an evaluation.
FAQs - MET
Facts checked 2026-09-22 against CME Group contract specifications.
One MET tick is $0.50 per ether, worth $0.05 per contract. A $10 move in ether is worth $1, so a move of $50 per ether is 100 ticks, or $5 on one contract.
A $10 move in ether is worth $1 per MET contract: 20 ticks of $0.05.
MET trades on CME Globex 24/7, except maintenance windows on Saturday 2:00 am – 4:00 am CT and Monday–Friday 4:00 pm – 4:02 pm CT. Holidays shorten or close sessions.
Monthly contracts for 6 consecutive months, plus quarterly contracts for 4 more quarters. 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).
MET is financially settled. Last trading day: 4:00 pm London time on the last Friday of the contract month (the prior business day if that is a London or US holiday). Most traders roll to the next contract month before then.
CME Group sets the exchange margin for MET and changes it often, and brokers set their own day-trading margins on top. A prop firm account does not post margin: the firm’s drawdown limit and contract limit cap the risk instead. For a current exchange figure, check CME Group’s margin page for the contract.
ETH (Ether) tracks the same market at 500 times the size of MET. One ETH tick is worth $25, against $0.05 for MET.
Related reference
More futures reference, and where these rules meet prop firm terms.
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