Senzoukria · Futures contracts

MESU7 expiry: September 17, 2027

MESU7 is the September 2027 delivery of Micro E-mini S&P 500 on CME. Its last trading day is September 17, 2027, and the app moves its default to the next listed month on September 9, 2027, 8 calendar days earlier. One tick is 0.25, worth $1.25, on a multiplier of 5.

Updated September 2026First published 16 October 2026

On this page
  1. Contract specifications
  2. When MESU7 stops trading
  3. When the volume actually leaves
  4. What one tick is worth on MESU7
  5. Every MES delivery listed in 2027
  6. MESU7 and ESU7 side by side
  7. Related pages
  8. In the same section
  9. This page in other languages
  10. Frequently asked questions

Contract specifications

Contract symbol
MESU7
Product
Micro E-mini S&P 500 (MES)
Exchange
CME
Delivery month
September 2027 (code U)
Last trading day
September 17, 2027
Default rolls on
September 9, 2027 (8 days before)
Tick size
0.25
Tick value
$1.25
Point value
$5.00
Next delivery
MESZ7 (December 17, 2027)

When MESU7 stops trading

Trading terminates at 9:30 a.m. ET on the third Friday of the contract month. For MESU7 that falls on September 17, 2027.

Senzoukria stops offering MESU7 as the default contract on September 9, 2027, 8 calendar days before that last trading day, and keeps it selectable with a badge. The date is computed from the exchange rule rather than stored. The engine counts Monday to Friday and holds no CME holiday table, so a date that falls next to a public holiday can be one day off the exchange calendar. Check the exchange calendar when the date sits close to a holiday.

When the volume actually leaves

Equity index liquidity moves to the next quarter in a single week, usually the one that contains the roll date. Order flow read on the old contract after that week is thin and misleading: the book empties, prints get sparse, and a footprint built on it shows gaps that are an artefact of the roll rather than of the auction.

For MESU7 the next listed delivery is MESZ7, whose last trading day is December 17, 2027. That is the contract the volume moves into, just as it moved out of MESM7 on June 10, 2027.

What one tick is worth on MESU7

The minimum price fluctuation is 0.25, which is $1.25 per contract on a multiplier of 5. A full point is therefore $5.00. On a footprint chart one row is one tick, so the same vertical space holds a different number of rows depending on the product: a tick of 0.25 sets how finely the bid and ask volume of MES can be read.

These are the values the app itself trades on, taken from its contract table rather than retyped, so the P&L shown on a MESU7 position and the rows of its footprint come from the same numbers.

Every MES delivery listed in 2027

MES lists 4 delivery months a year (H, M, U, Z). MESU7 is number 3 of 4 in 2027.

MES 2027: last trading day and roll date of every listed delivery
ContractDeliveryLast trading dayDefault rolls on
MESH7Mar 2027Mar 19, 2027Mar 11, 2027
MESM7Jun 2027Jun 18, 2027Jun 10, 2027
MESU7 (this page)Sep 2027Sep 17, 2027Sep 9, 2027
MESZ7Dec 2027Dec 17, 2027Dec 9, 2027

MESU7 and ESU7 side by side

MES and ES track the same underlying, but ES is 10 times the size of MES: $12.50 a tick against $1.25. Both quote on the same 0.25 tick. MESU7 and ESU7 share the same last trading day, September 17, 2027, so a position in either rolls on the same date.

The practical difference is position sizing rather than behaviour. MES lets a 10-contract position carry the same exposure as one ES, which makes partial exits possible on a small account; ES carries the deeper book, so its footprint and its depth of market are the ones to read even when the position is held in MES.

In the same section

This page in other languages

Frequently asked questions

When does MESU7 expire?
The last trading day of MESU7 is September 17, 2027. Trading terminates at 9:30 a.m. ET on the third Friday of the contract month.
When should I roll out of MESU7?
The app switches its default to the next listed month on September 9, 2027, which is MESZ7. In practice the volume moves before the calendar does, so compare the traded volume and open interest of the two months rather than waiting for the last trading day.
How much is one tick of MESU7 worth?
One tick of 0.25 is $1.25 per contract, and a full point is $5.00, on a multiplier of 5.
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