On this page
Contract specifications
- Contract symbol
- YMZ8
- Product
- E-mini Dow (YM)
- Exchange
- CBOT
- Delivery month
- December 2028 (code Z)
- Last trading day
- December 15, 2028
- Default rolls on
- December 7, 2028 (8 days before)
- Tick size
- 1
- Tick value
- $5.00
- Point value
- $5.00
- Next delivery
- first 2029 contract
When YMZ8 stops trading
Trading terminates at 9:30 a.m. ET on the third Friday of the contract month. For YMZ8 that falls on December 15, 2028.
Senzoukria stops offering YMZ8 as the default contract on December 7, 2028, 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.
YMZ8 is the last 2028 delivery listed for YM, so the volume moves into the first 2029 contract.
What one tick is worth on YMZ8
The minimum price fluctuation is 1, which is $5.00 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 1 sets how finely the bid and ask volume of YM 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 YMZ8 position and the rows of its footprint come from the same numbers.
Every YM delivery listed in 2028
YM lists 4 delivery months a year (H, M, U, Z). YMZ8 is number 4 of 4 in 2028.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| YMH8 | Mar 2028 | Mar 17, 2028 | Mar 9, 2028 |
| YMM8 | Jun 2028 | Jun 16, 2028 | Jun 8, 2028 |
| YMU8 | Sep 2028 | Sep 15, 2028 | Sep 7, 2028 |
| YMZ8 (this page) | Dec 2028 | Dec 15, 2028 | Dec 7, 2028 |
YMZ8 and MYMZ8 side by side
YM and MYM track the same underlying, but YM is 10 times the size of MYM: $5.00 a tick against $0.50. Both quote on the same 1 tick. YMZ8 and MYMZ8 share the same last trading day, December 15, 2028, so a position in either rolls on the same date.
The practical difference is position sizing rather than behaviour. MYM lets a 10-contract position carry the same exposure as one YM, which makes partial exits possible on a small account; YM carries the deeper book, so its footprint and its depth of market are the ones to read even when the position is held in MYM.
Related pages
- YM — E-mini Dow
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Quarterly expiry
- AM/PM settlement
- MYM — Micro E-mini Dow
- YMH9
- YMU8
- YM 2028
- MYMZ8
In the same section
This page in other languages
Frequently asked questions
- When does YMZ8 expire?
- The last trading day of YMZ8 is December 15, 2028. Trading terminates at 9:30 a.m. ET on the third Friday of the contract month.
- When should I roll out of YMZ8?
- The app switches its default to the next listed month on December 7, 2028. 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 YMZ8 worth?
- One tick of 1 is $5.00 per contract, and a full point is $5.00, on a multiplier of 5.