Micro E-Mini Nasdaq-100 Futures (MNQ) | Contract Overview

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

An Micro E-mini Nasdaq-100 Futures Contract is a smaller-sized stock index futures contract that provides exposure to the performance of the Nasdaq-100 index, a key benchmark for the U.S. stock market. The Micro E-mini has a leveraged contract value (2 times the index), making it more accessible to individual traders. These contracts expire quarterly and settle based on the index value at expiration, allowing traders to speculate on market movements.

What are the contract specifications for Micro Nasdaq-100 futures?

Product:

Micro E-Mini Nasdaq-100 Futures

Futures Contract Symbol:

MNQ

Exchange:

CME

Contract Size:

$2 x Nasdaq-100 Index

Trading Hours:

Sunday–Friday: 5:00 PM – 4:00 PM CT (Daily break: 4:00 PM – 5:00 PM CT)

Minimum Price Fluctuation:

$.50 per contract (0.25 × $2)

Contract Months:

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

Settlement Method:

USD – Settled Index Future

Exchange Fees:

Margin Requirements for Micro Nasdaq-100 Futures

Holding Period:

Day Trading Margins

Overnight Margins

Margins:
$100
$3,522

Other contracts can be found on our margins page.

Source: CME

The above information is derived from sources believed to be accurate. It is provided without guarantees and is subject change without notice.

Frequently Asked Questions About Micro Nasdaq-100 Futures

Nasdaq futures are financial contracts that allow traders to speculate on or hedge against the future value of the Nasdaq-100 Index. The primary contracts are the E-mini Nasdaq-100 (NQ) and Micro E-mini Nasdaq-100 (MNQ), which trade on the CME Group.

These futures track 100 of the largest non-financial companies listed on the Nasdaq exchange, including major technology firms.

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