NKD tick value & contract specs
Nikkei 225 (USD) (NKD) futures trade on CME. The price moves in ticks of 5, each tick is worth $25 per contract, and a full one-point move is worth $5 per contract.
NKD contract specifications
| Symbol | NKD |
|---|---|
| Contract | Nikkei 225 (USD) |
| Exchange | CME |
| Tick size | 5 |
| Tick value (per contract) | $25 |
| Point value (per contract) | $5 |
| Ticks per point | 0.2 |
| Contract size | $5 x Nikkei 225 index |
| 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.
NKD ticks to dollars
10 ticks × 1 contract = $250
NKD tick value table
Dollar value of a move in NKD before commissions, at $25 per tick per contract.
| Ticks | 1 contract | 2 contracts | 5 contracts | 10 contracts |
|---|---|---|---|---|
| 1 | $25 | $50 | $125 | $250 |
| 4 | $100 | $200 | $500 | $1,000 |
| 10 | $250 | $500 | $1,250 | $2,500 |
| 20 | $500 | $1,000 | $2,500 | $5,000 |
| 40 | $1,000 | $2,000 | $5,000 | $10,000 |
Worked example
You buy 2 NKD contracts and the price rises 10 ticks. Profit before fees = 10 ticks × $25 × 2 contracts = $500. The same move against you is a loss of the same amount.
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Start free trial →Frequently asked questions
$25 per contract. NKD moves in increments of 5, and each increment changes the value of one contract by $25.
$5 per contract. One point is 0.2 ticks of 5.
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.
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Futures P&L calculator with NKD 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 NKD trade. Confirm specifications with the exchange before trading. CME contract specifications