RTY Futures (E-mini Russell 2000): Tick Value, Expiries, Order Flow

RTY contract specifications

The rulebook defines RTY as $50 times the Russell 2000, quoted in index points. The minimum increment is 0.1 point, equal to $5 per contract. Ten ticks make a point, so one index point is worth $50. RTY is cash-settled: the expiring month settles to a special opening quotation of the index on the third Friday of the contract month. Senzoukria's contract table carries the same tick, multiplier and venue (CME); the simulated account, the picker's tick hint and the heatmap's price grid read them from it.

RTY expiry rule and next contracts

Trading in an expiring RTY contract ends at the regularly scheduled start of trading on the New York Stock Exchange on the day of the final settlement price, the third Friday of the contract month. If the index is not scheduled to be published that Friday, settlement moves to the first preceding business day on which it is.

June 18, 2027 is the observed Juneteenth holiday, so the exchange calendar puts the RTYM7 last trading day on June 17, 2027. Senzoukria's expiry engine counts Monday to Friday without a holiday table and uses June 18, 2027 instead, so its picker keeps RTYM7 listed until then. For RTYZ6, the default moves to the next listed month on December 10, 2026 (8 calendar days before December 18, 2026), and RTYZ6 stays selectable with its badge until that date.

RTY tick value and P&L arithmetic

• 10 ticks (1 point) = 10 × $5 = $50 per contract.
• A 3-point stop is 30 ticks: 3 × $50 = $150 per contract, $450 on 3 contracts.
• The same 3 points on M2K are worth $15 per contract.
• One tick of slippage, the automatic backtest's default, costs $5 per RTY contract on each entry.

Reading RTY order flow

With row resolution off, Senzoukria's default, an RTY footprint shows ten rows per index point, each cell holding the volume traded at the bid and at the ask at that exact price. The fixed choices give 2 ticks = 0.2, 4 ticks = 0.4, 8 ticks = 0.8, 16 ticks = 1.6, 32 ticks = 3.2 points per row; grouping keeps bar totals exact, but the POC then names a row instead of a price.

RTY and its micro M2K are the only equity index futures in Senzoukria's catalogue with a 0.10-point tick. Because ten is not a power of two, none of the fixed row steps lands exactly on one index point; when rows must align on whole points, the ungrouped view is the only exact one.

RTY and M2K share the Russell 2000 index and the tick but not the book. The M2K rulebook stops M2K trading whenever the primary RTY contract month is halted; apart from that, each has its own tape, ladder and volume.

Using RTY in Senzoukria

• Symbol picker on a Rithmic or Databento CME source: type RTY; on September 25, 2026 the listed contract is RTYZ6 (December 2026).
• Heatmap and DOM show the book of that exact contract; the heatmap ladder header names the contract and its venue, CME.
• GEX overlay: levels computed from IWM options are converted to the RTY price with a spot ratio and labelled with the underlying ("CW · IWM"); an options data source is required.
• Replay lists RTY in the Indices group and replays the broker's tick history, without the order book. In the automatic backtest, set Point value ($) to 50; the field defaults to 2, the MNQ value.