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Profile of the NQ Futures Market

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The NQ futures market is based upon the NASDAQ 100 stock index, which is one of the primary stock indexes of the NASDAQ stock exchange in the US. The NASDAQ 100 index is calculated using the prices of 100 large capitalization international companies, but does not include any financial companies. The NQ futures market is traded on the Globex electronic trading system, 24 hours per day from 5:00 PM Central Time on Sunday night to 4:30 PM Central Time on Friday night. The NQ futures market has a daily trading volume of approximately 300000 contracts, and a daily price range of approximately 20 points (80 ticks).

Companies

As of June 2007, the NASDAQ 100 stock index includes the following 100 large capitalization non financial companies :

  • Activision
  • Adobe Systems
  • Akamai Technologies
  • Altera
  • Amazon.com
  • Amgen
  • Amylin Pharmaceuticals
  • Apollo Group
  • Apple
  • Applied Materials
  • Autodesk
  • BEA Systems
  • Bed Bath & Beyond
  • Biogen Idec Inc
  • Biomet
  • Broadcom
  • C.H. Robinson Worldwide
  • Cadence Design Systems
  • CDW
  • Celgene
  • Cephalon
  • Check Point Software Technologies
  • CheckFree
  • Cintas
  • Cisco Systems
  • Citrix Systems
  • Cognizant Technology Solutions
  • Comcast
  • Costco Wholesale
  • Dell
  • DENTSPLY International
  • Discovery Holding
  • eBay
  • EchoStar Communications
  • Electronic Arts
  • Expedia
  • Expeditors International
  • Express Scripts
  • Fastenal
  • Fiserv
  • Flextronics International
  • Garmin
  • Genzyme
  • Gilead Sciences
  • Google
  • IAC/InterActive
  • Infosys Technologies
  • Intel
  • Intuit
  • Intuitive Surgical
  • Joy Global
  • Juniper Networks
  • KLA-Tencor
  • Lam Research
  • Lamar Advertising
  • Level 3 Communications
  • Liberty Global
  • Liberty Media
  • Linear Technology
  • LM Ericsson Telephone
  • Logitech International SA
  • Marvell Technology Group
  • Maxim Integrated Products
  • Microchip Technology
  • Microsoft
  • Millicom International Cellular
  • Monster Worldwide
  • Network Appliance
  • NII Holdings
  • NTL
  • NVIDIA
  • Oracle
  • PACCAR
  • Patterson Companies
  • Patterson-UTI Energy
  • Paychex
  • PetSmart
  • QUALCOMM
  • Research in Motion
  • Ross Stores
  • Ryanair Holdings
  • SanDisk
  • Sears Holdings
  • Sepracor
  • Sigma-Aldrich
  • Sirius Satellite Radio
  • Staples
  • Starbucks
  • Sun Microsystems
  • Symantec
  • Tellabs
  • Teva Pharmaceutical Industries
  • UAL
  • VeriSign
  • Vertex Pharmaceuticals
  • Whole Foods Market
  • Wynn Resorts
  • Xilinx
  • XM Satellite Radio Holdings
  • Yahoo

Contract Specifications

The full contract specifications for the NQ futures market are as follows :

  • Symbol (IB / Sierra Chart Format) : NQ
  • Expiration date (as of June 2007) : September 21 2007
  • Exchange : GLOBEX
  • Currency : US Dollar
  • Multiplier / Contract value : $20
  • Tick size / Minimum price change : 0.25
  • Tick value / Minimum price value : $5.00

Holidays

In 2007, the NQ futures market is open for trading every trading day (Monday to Friday), except for the following holidays, when the opening and closing times are modified :

  • January 01
  • January 02
  • January 12
  • January 15
  • February 16
  • February 19
  • April 06
  • May 25
  • May 28
  • July 03
  • July 04
  • August 31
  • September 03
  • October 05
  • October 08
  • November 09
  • November 12
  • November 21
  • November 22
  • November 23
  • December 24
  • December 25
  • December 26
  • December 31

Exchange Web Site

The CME (Chicago Mercantile Exchange) web site is available at http://www.cme.com/, and provides additional information about the exchange, its trading system, and the NQ futures market.

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