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E-Mini Nasdaq 100 Futures (NQ) | Contract Overview

Contract specs, tick value, trading hours and margin requirements for E-mini Nasdaq 100 futures, from an NFA member futures broker in Chicago.

NQ
Globex symbol
$20
Per index point
$5.00
Per 0.25 tick
$1,000
Day trading margin

Quick answer: E-mini Nasdaq 100 futures (symbol NQ) are CME Group contracts valued at $20 times the Nasdaq 100 Index. The minimum tick is 0.25 index points, or $5.00 per contract. NQ trades on CME Globex Sunday to Friday, 5:00 p.m. to 4:00 p.m. CT, with a daily halt from 4:00 p.m. to 5:00 p.m. CT, on a quarterly cycle.

What is a E-Mini Nasdaq 100 (NQ) Futures Contract?

The E-mini Nasdaq 100 Futures Contract (NQ) provides exposure to the 100 leading non financial U.S. large cap companies in the Nasdaq 100 Index. With a contract multiplier of $20 per index point, NQ is used by institutional and individual traders. Traders seeking smaller capital commitments can also trade the 1/10th size Micro E-mini Nasdaq 100 (MNQ) contract. Review full specifications below or open an account with Lincoln Park Financial.

Key facts
NQ futures at a glance
Symbol

NQ
CME Globex

Contract size

$20 x index
Nasdaq 100 Index

Tick value

$5.00
0.25 index points

Trading hours

5:00 p.m. to 4:00 p.m. CT
Sunday to Friday, halt 4:00 to 5:00 p.m. CT

Contract months

Mar, Jun, Sep, Dec
H, M, U, Z

Settlement

Cash settled
Third Friday of the contract month

What are the contract specifications for E-Mini Nasdaq 100 Futures?

ProductE-Mini Nasdaq 100 Futures
Futures Contract SymbolNQ
ExchangeCME
Contract Size$20 x Nasdaq 100 Index
Trading HoursSunday to Friday: 5:00 PM to 4:00 PM CT (Daily maintenance halt: 4:00 PM to 5:00 PM CT)
Minimum Price Fluctuation$5.00 per contract (0.25 × $20)
Contract MonthsQuarterly cycle: March (H), June (M), September (U), December (Z)
Settlement MethodFinancially cash settled on the third Friday of the contract month.
Exchange Fees$1.40/contract

Official Exchange Source: CME Group E-mini Nasdaq 100 Contract Specifications

Contract specifications and margin parameters are set by CME Group and subject to change without notice. Lincoln Park Financial delivers personalized broker service and direct market access.

Margin Requirements for E-Mini Nasdaq 100 Futures

Day Trading Margins
$1,000
Overnight Margins
$35,222
Open an account with Lincoln Park Financial

Speak with a broker at 312-500-4730, or start your application online.

What Are Emini Nasdaq Futures?

Emini Nasdaq futures, also searched as Nasdaq emini or e mini Nasdaq, are the E-mini Nasdaq 100 futures contract listed by CME Group. CME Group describes NQ as a benchmark contract to manage exposure to the 100 leading non financial U.S. large cap companies in the Nasdaq 100 Index.

What Is the Emini Nasdaq Tick Value and Point Value?

Each NQ contract is $20 times the Nasdaq 100 Index. The minimum tick is 0.25 index points, which equals $5.00 per contract, so one full point equals $20. Calendar spreads trade in 0.05 point increments, equal to $1.00. To see how exchange, clearing and platform costs add up, you can request a custom commission quote.

How Does NQ Contract Rollover Work?

NQ futures are listed on a quarterly cycle. As the front contract nears expiration, many traders roll into the next quarterly contract, and charting platforms often show a continuous contract that links them together. Real time NQ quotes are CME Group market data, which is part of the CME bundle on most platforms.

FAQ

Frequently Asked Questions About E-Mini Nasdaq 100 Futures

E-mini Nasdaq 100 (NQ) futures are standardized futures contracts that track the Nasdaq 100 Index. They allow traders to gain exposure to the performance of the 100 leading non financial U.S. large cap companies in the Nasdaq 100 Index without buying individual stocks. NQ futures are cash settled and trade nearly 24 hours per day, and traders use them for both hedging and speculation.

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