CME Group said on August 3 that it plans to list E-nano equity index futures on August 24, pending regulatory review. The four contracts track the S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average at one-tenth the size of the Micro E-minis. Traders on prop firm evaluations will only reach them if their firm adds them to its allowed products.
What CME announced
The contracts will be listed on CME and CBOT and trade 23 hours a day, according to CME Group’s announcement. CME frames the launch as retail access: the announcement says “the barrier to entry has increased for retail investors” as index levels have risen. Executives from NinjaTrader and Robinhood, Martin Franchi and JB Mackenzie, gave supporting statements in the same release.
CME also gave volume figures for the existing Micro E-minis: about 4.5 billion contracts traded since the May 2019 launch, and a record monthly average daily volume of 3.2 million contracts in Micro E-mini Nasdaq-100 futures in June.
The four contracts
| Contract | Globex code | Multiplier |
|---|---|---|
| E-nano S&P 500 | NES | $0.50 x S&P 500 |
| E-nano Nasdaq-100 | NNQ | $0.20 x Nasdaq-100 |
| E-nano Russell 2000 | N2K | $0.50 x Russell 2000 |
| E-nano Dow | NDOW | $0.05 x Dow Jones Industrial Average |
Specifications come from CME Group’s E-nano product page. To show the scale, CME’s own example puts the E-nano S&P 500 notional value at $3,500 with the index at 7,000, against $35,000 for the Micro E-mini at the same level.
What it means for evaluation and funded accounts
Nothing changes automatically for a prop firm account. An evaluation is a paid service traded in simulation, and the firm decides which products its platform and data feed carry and how many contracts you may hold. CME’s announcement does not name any prop firm, and no firm listed on this site had announced support for the E-nanos as of August 3.
If firms do add them, the open question is how a contract limit counts a product that is smaller than one micro. That is a firm rule, not an exchange rule, and it is unverified until firms publish their own product lists.
What to check before August 24
Check your firm’s allowed-product list and its published contract limits, then check whether your platform and market data subscription include the new symbols. The launch date itself is not final: CME describes it as pending regulatory review.
