Micro Swiss Franc (M6S) Futures Contract Specifications

What Are Micro Swiss Franc (M6S) Futures?

Micro Swiss Franc Futures (M6S) are 1/10th the size of the standard Swiss Franc Futures, offering traders a more accessible way to gain exposure to the USD/CHF exchange rate. These smaller contracts are ideal for retail traders or those looking for more precise position sizing.

Contract Size

Contract Size: 12,500 Swiss Francs

Example: This contract size allows traders to gain exposure to currencies with controlled leverage and risk.

Tick Value and Increment

  • Tick Size: 0.0001 USD per Swiss Franc (1 pip)
  • Tick Value: $1.25 per tick
  • Point Value: $12.50 per 0.01

These specifications make Micro Swiss Franc (M6S) Futures suitable for traders seeking exposure to currencies markets.

Trading Hours

Micro Swiss Franc (M6S) Futures trade with extended hours, providing flexibility for traders in different time zones.

  • Trading Hours: Sunday to Friday, nearly 24 hours a day with a short break
  • Time Zone: Central Time (CT)

Trading Symbol

Platform Symbol: M6S

Margins

To trade Micro Swiss Franc (M6S) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.

Why Trade Micro Swiss Franc (M6S) Futures?

  • Lower capital requirements than standard Swiss Franc contracts
  • Perfect for smaller accounts or precise position sizing
  • Same trading hours and price movements as the standard contract
  • Ideal for new traders learning currency futures trading
  • Allows for more granular risk management in USD/CHF exposure

Position Sizing for Micro Swiss Franc (M6S) Futures

Proper position sizing is crucial when trading Micro Swiss Franc (M6S) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.

Position Size Calculator Example

For Micro Swiss Franc (M6S) Futures (M6S):

  • Tick Size: 0.0001 USD per Swiss Franc (1 pip)
  • Tick Value: $1.25 per tick
  • Point Value: $12.50 per 0.01

If you want to risk $500 with a 10-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 10 × 12.50 per 0.01 = $125

Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $125 = 4 contracts