Tools
Tick and point value
Outright minimum tick per contract. Calendar spreads can use a smaller tick.
| Code | Contract | Unit | Tick | Tick value | Point value |
|---|---|---|---|---|---|
| MNQ | Micro E-mini Nasdaq-100 | $2 x Nasdaq-100 Index | 0.25 index pt | $0.50 | $2 |
| MES | Micro E-mini S&P 500 | $5 x S&P 500 Index | 0.25 index pt | $1.25 | $5 |
| TN | Ultra 10-Year U.S. Treasury Note | $100,000 face value | 1/2 of 1/32 pt | $15.625 | $1,000 |
| MGC | Micro Gold | 10 troy oz | $0.10 per troy oz | $1.00 | $10 |
| MCL | Micro WTI Crude Oil | 100 barrels | $0.01 per bbl | $1.00 | $100 |
- Per contract
- $5.00
- Total
- $5.00
- Equivalent
- 2.50 points
Sources
- MNQ: CME Group, Micro E-mini Nasdaq-100
- MES: CME Group, Micro E-mini S&P 500
- TN: CME Group, Ultra 10-Year U.S. Treasury Note
- MGC: CME Group, Micro Gold
- MCL: CME Group, Micro WTI Crude Oil
As of 14 Oct 2026. TN point value is $1,000 per full point; one tick is 1/64 of a point. Exchange terms can change. Verify with your broker.