MSF tick value & contract specs
Micro CHF/USD (MSF) futures trade on CME. The price moves in ticks of 0.0001, each tick is worth $1.25 per contract, and a full one-point move is worth $12,500 per contract.
MSF contract specifications
| Symbol | MSF |
|---|---|
| Contract | Micro CHF/USD |
| Exchange | CME |
| Tick size | 0.0001 |
| Tick value (per contract) | $1.25 |
| Point value (per contract) | $12,500 |
| Ticks per point | 10,000 |
| Contract size | 12,500 CHF |
| Electronic hours (ET) | Sun–Fri 6:00pm – 5:00pm, daily break 5:00–6:00pm |
Hours shift around US holidays and early closes. Check CME Group's trading-hours page before relying on them for a specific date.
This is the smaller version of 6S (Swiss Franc), which is worth $6.25 per tick. 6S specs →
MSF ticks to dollars
10 ticks × 1 contract = $12.50
MSF tick value table
Dollar value of a move in MSF before commissions, at $1.25 per tick per contract.
| Ticks | 1 contract | 2 contracts | 5 contracts | 10 contracts |
|---|---|---|---|---|
| 1 | $1.25 | $2.50 | $6.25 | $12.50 |
| 4 | $5 | $10 | $25 | $50 |
| 10 | $12.50 | $25 | $62.50 | $125 |
| 20 | $25 | $50 | $125 | $250 |
| 40 | $50 | $100 | $250 | $500 |
Worked example
You buy 2 MSF contracts and the price rises 10 ticks. Profit before fees = 10 ticks × $1.25 × 2 contracts = $25. The same move against you is a loss of the same amount.
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Start free trial →Frequently asked questions
$1.25 per contract. MSF moves in increments of 0.0001, and each increment changes the value of one contract by $1.25.
$12,500 per contract. One point is 10,000 ticks of 0.0001.
No. They are gross values from price movement alone. Your net result is lower by your broker's or prop firm's per-side fees; the fee guide lists current rates.
More contracts: Currency (FX)
Futures P&L calculator with MSF selectedFutures Position Size Calculator (Free, No Signup) — FillbookFutures Trading Journal: Auto-Sync & Real Tick P&L — FillbookAll futures tick values
These are the tick and point values Fillbook uses to calculate P&L on every logged MSF trade. Confirm specifications with the exchange before trading. CME contract specifications