We discuss the nearest λ q -multiple continued fractions and their duals for λ q = 2 cos π q which are closely related to the Hecke triangle groups G q , q = 3, 4, . . .. They have been introduced in the case q = 3 by Hurwitz and for even q by Nakada. These continued fractions are generated by interval maps f q respectively f ⋆ q which are conjugate to subshifts over infinite alphabets. We generalize to arbitrary q a result of Hurwitz concerning the G qand f q -equivalence of points on the real line. The natural extension of the maps f q and f ⋆ q can be used as a Poincaré map for the geodesic flow on the Hecke surfaces G q \H and allows to construct the transfer operator for this flow. 15 3.2. λ q -CF's and their generating interval maps 16 3.3. Markov partitions for f q and f ⋆ q 17 4. The maps f q and f ⋆ q and regular respectively dual regular λ q -CF's 23 1991 Mathematics Subject Classification. Primary 11A55, Secondary 11J70, 30B70 . Key words and phrases. Continued fractions, Hecke triangle groups, discrete dynamical systems, natural extension, subshifts of infinite type, sofic systems. The second named author was supported in part by the Deutsche Forschungsgemeinschaft through the DFG Research Project "Transfer operators and non arithmetic quantum chaos" (Ma 633/16-1). 1 I R 3 = [−R 3 , R 3 ] = ε=+,− ∞ m=2 J ⋆ εm with J ⋆ m • ∩J ⋆ n • = ∅ for all m = n.