CME
E-mini Nasdaq-100 (NQ) Tick Value & Contract Specs
Tick value $5.00 per tick — $20 × the Nasdaq-100 index.
- Exchange
- CME
- Contract size
- $20 × the Nasdaq-100 index
- Tick size
- 0.25
- Tick value
- $5.00
- Point value (multiplier)
- $20
- Trading hours
- Sun–Fri 6:00pm–5:00pm ET, with a daily trading halt 4:15pm–4:30pm ET
- Margin
- Margin varies by broker and typically moves with volatility — check your broker for current initial/maintenance margin.
How NQ tick value works
tick value = tick size × multiplier. For NQ, that is 0.25 × $20 = $5.00 per tick, per contract.
One contract represents $20 × the Nasdaq-100 index. P&L for a move from entry to exit is (exit − entry) ÷ tick size × tick value × contracts.
Frequently asked questions
- What is the tick value for NQ?
- $5.00 per tick — a 0.25 tick size × a $20 multiplier (point value).
- What is one NQ contract worth?
- One contract represents $20 × the Nasdaq-100 index. Notional value = price × $20; use the tick value calculator with the current price for an exact figure.
- Which exchange lists NQ?
- E-mini Nasdaq-100 (NQ) trades on the CME.
- What are the trading hours for NQ?
- Sun–Fri 6:00pm–5:00pm ET, with a daily trading halt 4:15pm–4:30pm ET.
- How much margin do I need to trade NQ?
- Margin varies by broker and typically moves with volatility — check your broker for current initial/maintenance margin.
- How is P&L calculated for NQ?
- P&L = (exit price − entry price) ÷ 0.25 tick size × $5.00 tick value × number of contracts. Use the tick value calculator to compute this directly.
Specs last reviewed 2026-06-01. Exchanges can amend contract specs — always confirm against the exchange or your broker before trading.