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Contract specifications
- Contract symbol
- MBTN9
- Product
- Micro Bitcoin (CME) (MBT)
- Exchange
- CME
- Delivery month
- July 2029 (code N)
- Last trading day
- July 27, 2029
- Default rolls on
- July 23, 2029 (4 days before)
- Tick size
- 5
- Tick value
- $0.50
- Point value
- $0.10
- Next delivery
- MBTQ9 (August 31, 2029)
When MBTN9 stops trading
Trading terminates at 4:00 p.m. London time on the last Friday of the contract month. For MBTN9 that falls on July 27, 2029.
Senzoukria stops offering MBTN9 as the default contract on July 23, 2029, 4 calendar days before that last trading day, and keeps it selectable with a badge. The date is computed from the exchange rule rather than stored. The engine counts Monday to Friday and holds no CME holiday table, so a date that falls next to a public holiday can be one day off the exchange calendar. Check the exchange calendar when the date sits close to a holiday.
When the volume actually leaves
Crypto futures at CME expire monthly and settle against a reference rate rather than a physical asset. Liquidity concentrates in the front month and thins quickly once the roll has passed.
For MBTN9 the next listed delivery is MBTQ9, whose last trading day is August 31, 2029. That is the contract the volume moves into, just as it moved out of MBTM9 on June 25, 2029.
What one tick is worth on MBTN9
The minimum price fluctuation is 5, which is $0.50 per contract on a multiplier of 0.1. A full point is therefore $0.10. On a footprint chart one row is one tick, so the same vertical space holds a different number of rows depending on the product: a tick of 5 sets how finely the bid and ask volume of MBT can be read.
These are the values the app itself trades on, taken from its contract table rather than retyped, so the P&L shown on a MBTN9 position and the rows of its footprint come from the same numbers.
Every MBT delivery listed in 2029
MBT lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). MBTN9 is number 7 of 12 in 2029.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| MBTF9 | Jan 2029 | Jan 26, 2029 | Jan 22, 2029 |
| MBTG9 | Feb 2029 | Feb 23, 2029 | Feb 19, 2029 |
| MBTH9 | Mar 2029 | Mar 30, 2029 | Mar 26, 2029 |
| MBTJ9 | Apr 2029 | Apr 27, 2029 | Apr 23, 2029 |
| MBTK9 | May 2029 | May 25, 2029 | May 21, 2029 |
| MBTM9 | Jun 2029 | Jun 29, 2029 | Jun 25, 2029 |
| MBTN9 (this page) | Jul 2029 | Jul 27, 2029 | Jul 23, 2029 |
| MBTQ9 | Aug 2029 | Aug 31, 2029 | Aug 27, 2029 |
| MBTU9 | Sep 2029 | Sep 28, 2029 | Sep 24, 2029 |
| MBTV9 | Oct 2029 | Oct 26, 2029 | Oct 22, 2029 |
| MBTX9 | Nov 2029 | Nov 30, 2029 | Nov 26, 2029 |
| MBTZ9 | Dec 2029 | Dec 28, 2029 | Dec 24, 2029 |
MBTN9 and BTCN9 side by side
MBT and BTC track the same underlying, but BTC is 50 times the size of MBT: $25.00 a tick against $0.50. Both quote on the same 5 tick. MBTN9 and BTCN9 share the same last trading day, July 27, 2029, so a position in either rolls on the same date.
The practical difference is position sizing rather than behaviour. MBT lets a 50-contract position carry the same exposure as one BTC, which makes partial exits possible on a small account; BTC carries the deeper book, so its footprint and its depth of market are the ones to read even when the position is held in MBT.
Related pages
- MBT — Micro Bitcoin
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Cash settlement
- Continuous contract
- BTC — Bitcoin
- Micro contracts
- MBTQ9
- MBTM9
- MBT 2029
- BTCN9
In the same section
This page in other languages
Frequently asked questions
- When does MBTN9 expire?
- The last trading day of MBTN9 is July 27, 2029. Trading terminates at 4:00 p.m. London time on the last Friday of the contract month.
- When should I roll out of MBTN9?
- The app switches its default to the next listed month on July 23, 2029, which is MBTQ9. In practice the volume moves before the calendar does, so compare the traded volume and open interest of the two months rather than waiting for the last trading day.
- How much is one tick of MBTN9 worth?
- One tick of 5 is $0.50 per contract, and a full point is $0.10, on a multiplier of 0.1.