Using information from the CME Group website, determine the tick size, dollar tick value, and point value for the following contracts (note: be able to show your work in determining these values):

E-mini S&P 500 (/ES), Big S&P 500 (/SP), E-mini Dow (aka $5 Dow) (/YM), E-mini Nasdaq 100 (/NQ)

Wheat (/ZW)

2-year T-Note (/ZT), 10-year T-Note (/ZN)

Look up the initial margin and the maintenance margin for the several of the contracts listed in Q#1 and determine the margin account values (for both long and short positions) if the price moves up 3 ticks.

For the contracts you observed, determine the number of ticks movement from the initial margin to the maintenance margin (i.e., how many ticks must the contract go against you for a margin call?). What price for the futures contract will trigger a margin call for the long position? For the short position?