MICRO E-MINI NASDAQ-100 INDEX EOM OPTIONS - CONTRACT SPECS

Contract Unit	One Micro E-mini Nasdaq-100 Index Futures
Minimum Price Fluctuation	Outrights: 0.25 Index points = $0.50 per contract for premium > 5 index points = $10.00 Reduced Tick: 0.05 Index points = $0.10 per contract for premium at or below 5 index points = $10.00
Trading Hours	CME Globex:	Sunday - Friday 6:00 p.m. - 5:00 p.m. Eastern Time (ET) with trading halt 4:15 p.m. - 4:30 p.m
	CME ClearPort:	Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Product Code	CME Globex: MNQ CME ClearPort: MNQ Clearing: MNQ
Listed Contracts	Contracts listed for the nearest 2 consecutive contract months in the March Quarterly Cycle (Mar, Jun, Sep, Dec)
Termination Of Trading	Trading terminates at 8:30a.m. CT on the 3rd Friday of the contract month
Position Limits	CME Position Limits
Exchange Rulebook	CME 361A
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Strike Price Listing Procedures	100 index point integer multiples, when listed: +30% to -50% of the prior day’s settlement price on the underlying future contract 10 index point integer multiples, when the underlying future is the closest contract: +10% to -20% of the prior day’s settlement price on the underlying future contract
Exercise Style	American Style
Exercise Procedure	American Style. An option can be exercised until 5:30 p.m. CT on any business day the option is traded
Settlement At Expiration	Option exercise results in a position in the underlying cash-settled futures contract. In-the-money options, in the absence of contrarian instructions delivered to the Clearing House by 5:30 p.m. CT on the day of expiration, are automatically exercised into expiring cash-settled futures, which settle to the SOQ calculated the morning of the 3rd Friday of the contract month.
Settlement Method	Deliverable
Underlying	Micro E-mini Nasdaq 100 Index Futures

Contract Unit	One Micro E-mini Nasdaq-100 Index Futures
Minimum Price Fluctuation	Outrights: 0.25 Index points = $0.50 per contract for premium > 5 index points = $10.00 Reduced Tick: 0.05 Index points = $0.10 per contract for premium at or below 5 index points = $10.00
Trading Hours	CME Globex:	Sunday - Friday 6:00 p.m. - 5:00 p.m. Eastern Time (ET) with trading halt 4:15 p.m. - 4:30 p.m
	CME ClearPort:	Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Product Code	CME Globex: MQE CME ClearPort: MQE Clearing: MQE
Listed Contracts	Monthly contracts listed for the nearest 3 consecutive months
Termination Of Trading	Trading terminates at 3:00 p.m. CT on the Last Business Day of the contract month
Position Limits	CME Position Limits
Exchange Rulebook	CME 361A
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Strike Price Listing Procedures	100 index point integer multiples, when listed: +30% to -50% of the prior day’s settlement price on the underlying future contract 10 index point integer multiples, when the underlying future is the second closest contract: +10% to -20% of the prior day’s settlement price on the underlying future contract
Exercise Style	European Style
Exercise Procedure	European Style. Exercisable only on expiration day.
Settlement At Expiration	Option exercise results in a position in the underlying cash-settled futures contract. Options which are in-the-money on the last day of trading are automatically exercised. A 3:00 p.m. CT price fixing based on the weighted average traded price fixing (symbol NQF) of the E-mini Nasdaq-100 futures in the last 30 seconds of trading on expiration day (2:59:30 p.m. - 3:00:00 p.m. CT) will be used to determine which options are in-the-money. Contrarian instructions are prohibited.
Settlement Method	Deliverable
Underlying	Micro E-mini Nasdaq 100 Index Futures

Contract Unit	One Micro E-mini Nasdaq-100 Index Futures
Minimum Price Fluctuation	Outrights: 0.25 Index points = $0.50 per contract for premium > 5 index points = $10.00 Reduced Tick: 0.05 Index points = $0.10 per contract for premium at or below 5 index points = $10.00
Trading Hours	CME Globex:	Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
	CME ClearPort:	Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Product Code	CME Globex: MQ1,MQ2,MQ3,MQ4 CME ClearPort: MQ1,MQ2,MQ3,MQ4 Clearing: MQ1,MQ2,MQ3,MQ4
Listed Contracts	At any given time, three nearest weeks of MQ1, MQ2, and MQ4 (Weeks 1, 2 & 4) and two nearest weeks of MQ3 (Week 3) will be listed for trading
Termination Of Trading	Trading terminates at 3:00 p.m. CT on the Last Business Day of the contract month
Position Limits	CME Position Limits
Exchange Rulebook	CME 361A
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Strike Price Listing Procedures	10 index point integer multiples, when listed: +10% to -20% of the prior day’s settlement price on the underlying future contract
Exercise Style	European Style
Exercise Procedure	European Style. Exercisable only on expiration day.
Settlement At Expiration	Option exercise results in a position in the underlying cash-settled futures contract. Options which are in-the-money on the last day of trading are automatically exercised. A 3:00 p.m. CT price fixing based on the weighted average traded price fixing (symbol NQF) of the E-mini Nasdaq-100 futures in the last 30 seconds of trading on expiration day (2:59:30 p.m. - 3:00:00 p.m. CT) will be used to determine which options are in-the-money. Contrarian instructions are prohibited.
Settlement Method	Deliverable
Underlying	Micro E-mini Nasdaq 100 Index Futures

Micro E-mini Nasdaq-100 futures (MNQ) offer smaller-sized versions of our liquid benchmark E-mini contracts
They are designed to manage exposure to the 100 leading non-financial U.S. large-cap companies that make up the Nasdaq-100
The Micro E-mini Nasdaq-100 futures contract is $2 x the Nasdaq-100 Index and has a minimum tick of 0.25 index points
View delayed data for Micro E-mini Nasdaq-100 futures below for the open, high and low prices and volume for the active contracts

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MICRO E-MINI NASDAQ-100 INDEX EOM OPTIONS - CONTRACT SPECS

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