ZN — 10-Year T-Note
CBOT · Globex outright increments, verified against CME contract specifications. One tick of ZN is $15.625 per contract.
ZN contract specs
- Tick size
- 1/64
- Tick value
- $15.625
- Point value
- $1,000 / point
Quick move-to-dollars calculator
Sizing ZN? In the futures risk panel, pick Custom… and enter 1000 as the $ per point (one full point) and 0.015625 as the tick size. Type Entry, Stop and Target as decimals: 110'16 is 110.5, not 110.16, and a third digit is a fraction of a 32nd, so 110'165 is 110.515625. The panel then turns your stop distance and your risk per trade into a contract count. The full chart, covering index, energy, metals, Treasuries, FX and grains, is on the futures tick value cheat sheet.
Exchanges occasionally amend contract specs: confirm with your broker or cmegroup.com before relying on a value. Everything you enter stays in your browser. Educational tool, not financial advice. Futures trading involves substantial risk of loss.
Tick maths is the easy part. ImprintTrader scores whether the ZN setup matched your written rules — before you take it.
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