Weigh MET / Ether micro contracts less than 1:1 for maximum contract size

As of July 2024, Micro Ether Futures are weighted as 1 contract with regards to maximum contract limits per account.

In June 2024, the monthly high to low range of MET was $700 (-17.85%), or 1400 ticks. At $0.05 per tick, that is $70 for a $700 dollar move.

A 5:1 or 10:1 ratio would make more sense. With a 5:1 or 10:1 ratio, a 15 contract position a $1,000 move would be risking $7,500 or $15,000 respectively. Today, ES is up 133 ticks from the start of the session, which would be $24,937.50 in a 15 contract position.