What Are E-Mini Nasdaq 100 Futures (NQ)?

Nasdaq futures emini e-mini NQ

The E-Mini Nasdaq 100 (NQ) is a financial futures instrument which enables active traders to speculate on the future value of the Nasdaq market index. More specifically, the NQ offers traders exposure to the 100 leading non-financial US large-cap companies which compose the Nasdaq 100 index.

Why Trade E-Mini Nasdaq 100 Futures?

Founded in 1971, the Nasdaq is a diversified US-based equities exchange. Companies such as Google, Microsoft, Amazon, Cisco, Intel and Facebook are all traded within the Nasdaq Stock Market. When traders think of the tech sector, the Nasdaq 100 comes to mind.

E-mini Nasdaq futures from the CME Group offer investors both long and short opportunities to trade the Nasdaq 100 index, in a much more cost-effective way than Nasdaq-based ETFs or baskets of stocks. Some traders choose to use the NQ as a way to hedge their stock exposure, while others use this broad-based index futures instrument to find new growth opportunities.

NQ trades virtually 24-hours a day electronically and attracts participants from all over the world.

E-Mini Nasdaq 100 Futures Contract Specs:

  • Exchange: Chicago Mercantile Exchange (CME)
  • Class: Futures
  • Trading Symbol: NQ
  • Contract Size: $20 X Nasdaq 100 Index
  • Pricing Unit: U.S. Dollars
  • Tick Size: 0.25
  • Tick Value: $5
  • Point Value: 1 = $20
  • Average Daily Volume: 443,742 (Year to Date June 2018)
  • Intraday Margin: $500
  • Contract Months: March, June, September & December
  • Trading Hours: Sunday to Friday 6:00 pm – 5:00 pm ET
  • Position Limit: 50 contracts

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