What are Micro E-mini Nasdaq-100 (MNQ) futures contracts?

Micro E-mini Nasdaq-100 futures contracts allow traders to speculate on the Nasdaq-100 index in a contract 1/10th the size of the standard E-mini Nasdaq-100 futures contract. The Nasdaq-100 Index is made up of 100 large-cap U.S. technology companies.

Launched in May 2022 by the CME Group, Micro E-mini Nasdaq-100 (MNQ) futures contracts allow traders to participate in US equity markets with significantly reduced financial commitment. This micro size contract mimics the full size E-mini Nasdaq-100 contract and the charts are almost identical.

Instantly gaining popularity, the volume of Micro E-mini futures contracts exceeded 11 . 25 million contracts in the first 30 days of trading!

Why trade Micro E-mini Nasdaq-100 futures?

Micro E-mini Nasdaq futures contracts require less financial commitment than full-size E-minis. Therefore, the MNQ is an ideal instrument for those who want exposure to the Nasdaq-100 index with less capital.

Additionally, although you can only trade one NQ futures contract, a trader with the same account size can flexibly move in and out of an MNQ position with multiple contracts.

MNQ futures contracts provide investors with both long and short opportunities to trade the Nasdaq. Micro-stock futures allow traders to access the US stock markets without a large finance charge or margin requirement. Some traders trade the MNQ as a way to hedge their equity exposure, while others use this technology-heavy index futures instrument to find opportunities for growth and diversification.

Micro E-mini Nasdaq-100 futures trade electronically around the clock and attract participants from around the world.

Micro E-mini Nasdaq-100 Futures Specifications:

  • Swap: Chicago Commercial Exchange (CME)
  • Class: Futures contracts
  • Trade symbol: MNQ
  • Contract size: $2 x Nasdaq-100 index
  • Price unit: U.S. dollars
  • brand size: 0 . 25
  • Brand value: $0. fifty
  • Point value: 1 = $2
  • Intraday margin: $50
  • Month of contract: March, June and September, December
  • Trading hours: Sunday – Friday 6:00 p.m. – 5:00 p.m. ET
  • Position limit: 100 contracts

Learn more about Micro E-mini Futures in this 2 minute video:

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