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MNQ

Micro E-mini Nasdaq-100 (MNQ) Futures Contract Specifications

Stock Indices

Micro E-mini Nasdaq-100 Futures (MNQ) are 1/10th the size of the standard E-mini Nasdaq-100 contract, providing access to the technology and growth-oriented companies in the Nasdaq-100 Index with lower capital requirements.

Contract Specifications

Detailed specifications for trading this futures contract

Contract Size

$2 multiplied by the Nasdaq-100 Index value

Tick Size

0.25 index points

Tick Value

$0.50 per tick

Point Value

$2.00 per point

Trading Hours

Sunday to Friday, 5:00 PM to 4:00 PM CT (with a 1-hour daily trading halt from 4:00 PM to 5:00 PM CT)

Platform Symbol

MNQ

Margins

Check with your broker for the latest margin rates and details

Why Trade Micro E-mini Nasdaq-100 (MNQ) Futures?

Key benefits and characteristics of this futures contract

1/10th the size of standard E-mini Nasdaq-100 contract

Lower margin requirements

Exposure to technology and growth companies

Ideal for smaller accounts and beginners

High liquidity and tight spreads

Extended trading hours

Position Sizing for Micro E-mini Nasdaq-100 (MNQ) Futures

Example calculation for proper position sizing based on risk tolerance

For Micro E-mini Nasdaq-100 (MNQ):

Tick Size: 0.25 index points
Tick Value: $0.50 per tick
Point Value: $2.00 per point

If you want to risk $500 with a 10-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 10 × 2.00 = $ 20
Maximum Contracts = Risk Amount ÷ Risk per Contract = $ 500 ÷ $ 20 = 25 contract s