# MNG Tick Value & Contract Specs (Micro Natural Gas)

> One MNG tick is $0.001 per MMBtu, worth $1 per contract. A 10-cent move per MMBtu is worth $100, so a move of $0.05 per MMBtu is 50 ticks, or $50 on one contract.

**Source:** https://propfirmpal.com/futures/contracts/mng  
**Generated:** 2026-09-25  
**Publisher:** Prop Firm Pal — independent prop firm comparison

_Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._

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MNG (Micro Henry Hub Natural Gas) ticks in $0.001 per MMBtu, worth $1 per contract. CME specs, P&L per move, hours and months.

## Contract specifications

| Specification | Value |
| --- | --- |
| Contract | Micro Henry Hub Natural Gas (MNG) |
| Exchange | NYMEX (CME Group) |
| Asset class | Energy |
| Contract unit | 1,000 MMBtu |
| Price quotation | US dollars and cents per MMBtu |
| Tick size | $0.001 per MMBtu |
| Tick value | $1 per contract |
| Value of a 10-cent move per MMBtu | $100 |
| Contract months | F (Jan), G (Feb), H (Mar), J (Apr), K (May), M (Jun), N (Jul), Q (Aug), U (Sep), V (Oct), X (Nov), Z (Dec) |
| Trading hours | Sunday–Friday 5:00 pm – 4:00 pm CT (6:00 pm – 5:00 pm ET), with a daily maintenance break from 4:00 pm to 5:00 pm CT. |
| Settlement | Financially settled |
| Last trading day | The fourth last business day of the month before the contract month. |

_Source: [CME Group — Micro Henry Hub Natural Gas contract specs](https://www.cmegroup.com/markets/energy/natural-gas/micro-henry-hub-natural-gas.contractSpecs.html), retrieved 2026-09-22._

## Ticks to dollars

| Price move | Ticks | 1 contract | 10 contracts |
| --- | --- | --- | --- |
| $0.001 per MMBtu | 1 | $1 | $10 |
| $0.10 per MMBtu | 100 | $100 | $1,000 |
| $0.05 per MMBtu | 50 | $50 | $500 |

## Trading hours

| Central Time (CT) | Eastern Time (ET) | Breaks |
| --- | --- | --- |
| Sun 5:00 pm – Fri 4:00 pm | Sun 6:00 pm – Fri 5:00 pm | 4:00–5:00 pm CT (5:00–6:00 pm ET), Mon–Thu |

## Other sizes

- [NG — Henry Hub Natural Gas](https://propfirmpal.com/futures/contracts/ng): $10 per tick.

## Which prop firms allow this contract

Prop Firm Pal does not yet record firms' permitted products symbol by symbol, so no firms are named here. Compare futures prop firms at https://propfirmpal.com/futures and check each firm's rules for MNG.

## Frequently asked questions

### What is the tick value of MNG?

One MNG tick is $0.001 per MMBtu, worth $1 per contract. A 10-cent move per MMBtu is worth $100, so a move of $0.05 per MMBtu is 50 ticks, or $50 on one contract.

### How much is a 10-cent move per MMBtu worth on MNG?

A 10-cent move per MMBtu is worth $100 per MNG contract: 100 ticks of $1.

### What are MNG trading hours?

MNG trades on CME Globex Sunday–Friday 5:00 pm – 4:00 pm CT (6:00 pm – 5:00 pm ET), with a daily maintenance break from 4:00 pm to 5:00 pm CT. In Eastern Time that is Sun 6:00 pm – Fri 5:00 pm. Holidays shorten or close sessions.

### What months does MNG trade?

Monthly contracts listed for 24 consecutive months. Month codes: F (Jan), G (Feb), H (Mar), J (Apr), K (May), M (Jun), N (Jul), Q (Aug), U (Sep), V (Oct), X (Nov), Z (Dec).

### Is MNG cash-settled?

MNG is financially settled. Last trading day: The fourth last business day of the month before the contract month. Most traders roll to the next contract month before then.

### What is the margin for MNG?

CME Group sets the exchange margin for MNG and changes it often, and brokers set their own day-trading margins on top. A prop firm account does not post margin: the firm’s drawdown limit and contract limit cap the risk instead. For a current exchange figure, check CME Group’s margin page for the contract.

### What is the difference between MNG and NG?

NG (Henry Hub Natural Gas) tracks the same market at ten times the size of MNG. One NG tick is worth $10, against $1 for MNG.

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