MNQ tick value

One MNQ tick is 0.25 index pt and is worth $0.50. One point is worth $2.00.

ContractMicro E-mini Nasdaq-100 (CME)
Contract unit$2 x Nasdaq-100 Index
Minimum tick (outright)0.25 index pt
Tick value$0.50
Point value$2.00
Ticks per point4

Convert a move to dollars

Per contract
$5.00
Total
$5.00
Equivalent
2.50 points

Worked example

MNQ tracks the Nasdaq-100 Index, quoted in index points. A 25-point move in MNQ is 100 ticks. At $0.50 per tick that is $50.00 per contract, before commissions and fees.

MNQ versus NQ

ContractTickTick valuePoint value
MNQ0.25 index pt$0.50$2.00
NQ (E-mini Nasdaq-100)0.25 index pt$5.00$20.00

One NQ equals 10 MNQ in dollar exposure.

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Sources: CME Group, Micro E-mini Nasdaq-100; CME Group, E-mini Nasdaq-100. As of 14 Oct 2026, rechecked 19 Oct 2026. Calendar spreads can use a smaller tick. Verify with your broker. Not investment advice.