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E-MINI NASDAQ 100

In 1999, CME® E-mini® NASDAQ-100® futures were offered- a smaller version of the CME NASDAQ-100 futures contract. At one-fifth the size of the CME NASDAQ-100 futures contracts, these exciting versatile contracts are affordable for nearly all investor and provide unique opportunities for market exposure and risk management, virtually 24 hours a day.

Stocks in the underlying NASDAQ-100 Index include the premier 100 largest domestic, non-financial common stocks listed on The Nasdaq Stock Market based on a modified market capitalization. The Index reflects growth companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade, pharmaceuticals, and biotechnology. Unlike many other index contracts that CME trades, the NASDAQ-100 Index does not contain financial companies including investment companies.

CME E-mini NASDAQ-100 futures list the nearest two months in the March quarterly cycle. The futures contract size in $20 times the NASDAQ-100 Index, and has a tick value of.50 index points, or $50.

What is a CME E-mini NASDAQ-100 Futures Contract Worth?
To determine the value of a CME E-mini NASDAQ-100 futures contract, you must be familiar with its multiplier and the current index futures level

.Index value x $20 = One CME E-mini NASDAQ-100 futures contract value

The CME E-mini NASDAQ-100 multiplier is $20.For example, if the NASDAQ-100 Index level is 1500, multiply that by $20 1500 x $20 = $30,000

If you buy one CME E-mini NASDAQ-100 futures contract at 1500, you are trading an instrument valued at $30,000

CME E-Mini NASDAQ-100 Futures

Trade Unit

$20 times the NASDAQ-100 Index

 

Point Descriptions

.01 index points =$.20

 

Contract Listing

Nearest two months in the March Quarterly Cycle. Mar, Jun, Sep, Dec.

 

Strike Price Interval

N/A

 

Product Code

Clearing=NQ
Ticker=NQ

AON=NV
(250 Threshold)&

 

Trading Venue: CME® Globex®

Hours

Mon/Thurs 5:00 p.m.-3:15 p.m. & 3:30 p.m.-4:30 p.m.; Shutdown period from 4:30 p.m. to 5:00 p.m. nightly; Sun & Hol 5:00 p.m.-3:15 p.m. Month end(3:15 p.m.) LTD(8:30 a.m.)^^^^^(AON FLOOR ONLY! 8:30 a.m.-3:15 p.m.)

 

Listed

The percentage price limit is calculated at the beginning of each calendar quarter. Limit is based on 5% of index value.

 

Strike

N/A

 

Limits

5%, 10%, 15% and 20% limits. See Equity limits

 

Minimum Fluctuation

Regular

0.50=$10.00

 

 

Calendar Spread

0.05=$1.00

 

 
Listed CME E-Mini NASDAQ-100 Futures Contracts

Months Traded

H, M, U, Z    Month Key Code

Eligible Months

2

Currently Listed

2

Last Day of Trading Rule

The business day of determination of the Final Settlement Price (normally, the 3rd Friday of the contract month).

New Contract Listing Rule

The day after the front month expires.

Special Notes

Trades on GLOBEX Only

CME Rule Book Chapter
359

Settlement Type

Cash Settled

Seq.
No.

Contract
Month

Product
Code

First
Trade
Date

Last
Trade
Date

Cash
Settlement
Date

Delete
Date

1

Dec 2005

NQZ5

06/17/05

12/16/05

12/16/05

12/22/05

2

Mar 2006

NQH6

09/16/05

03/17/06

03/17/06

03/23/06
 

ProActive Futures 255 Executive Dr, Suite 410, Plainview, NY 11803 Phone: 1-877-393-5916 More Info

Privacy Policy Statement / Legal Disclaimer

The risk of loss in trading futures and options can be substantial. Futures and options trading may not be suitable for everyone.
Therefore, you should carefully consider the risks in light of your financial condition in deciding whether to trade.
You may sustain a total loss of the initial margin funds and additional funds that you deposit with your brokers to
establish or maintain a position in the commodity futures market.