What Are Micro E-mini Nasdaq 100 Futures?
Micro E-mini Nasdaq 100 Futures (MNQ) are a smaller-sized version of the popular E-mini Nasdaq 100 Futures contract. These contracts provide traders with exposure to the Nasdaq 100 Index—a benchmark that tracks 100 of the largest non-financial companies listed on the Nasdaq Stock Exchange. MNQ contracts are ideal for traders who want to trade tech-heavy indices with lower margin requirements and reduced financial exposure.
Trading Hours
The Micro E-mini Nasdaq 100 Futures contract trades nearly 24 hours a day, five days a week, offering continuous access to the market.
- 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).
- Time Zone: Central Time (CT).
Tick Value and Increment
- Tick Size: 0.25 index points.
- Tick Value: $0.50 per tick.
- Minimum Price Fluctuation: 0.25 points.
This makes the Micro E-mini Nasdaq 100 Futures perfect for precision trading with lower financial exposure compared to larger contracts.
Trading Symbol
- Platform Symbol: MNQ
Margins
To trade Micro E-mini Nasdaq 100 Futures, you’ll need to meet specific margin requirements. Check out Ironbeam’s Margins Page for the latest margin rates and details.
Why Trade Micro E-mini Nasdaq 100 Futures?
- Accessibility: Lower margins and smaller contract size make MNQ accessible to retail traders.
- Flexibility: Fine-tune your position sizing compared to standard E-mini contracts.
- Liquidity: Benefit from the same deep liquidity as larger contracts.
- Diversification: Gain direct exposure to the Nasdaq 100 Index, a benchmark for the tech-heavy Nasdaq Stock Exchange.
Start Trading MNQ with Ironbeam
Ironbeam provides a robust trading platform and API to help you access Micro E-mini Nasdaq 100 Futures with ease. Trade confidently with free real-time Level 2 market data and personal broker support.
DISCLAIMER: There is a substantial risk of loss in trading commodity futures and options products. Losses in excess of your initial investment may occur. Past performance is not necessarily indicative of future results. Please contact your account representative with concerns or questions.