E-mini Nasdaq Futures

What are E-mini Nasdaq Futures?

E-mini Nasdaq futures have been designed by the Chicago Mercantile Exchange (CME) to track the Nasdaq 100 Index, a modified capitalization-weighted index of 100 of the largest and most active non-financial, domestic stocks traded on the Nasdaq Stock Market. The Nasdaq 100 is widely considered to be a key benchmark of technology, telecom, and biotechnology issues. E-mini Nasdaq futures represent 20 times the Nasdaq 100 stock index and allows you to participate in Nasdaq market moves without having to select individual stocks. In recent years, CME Group has introduced the Micro E-mini Nasdaq futures contract which is 1/10th of the size of the standard E-mini Nasdaq futures contract.

How to trade E-mini Nasdaq futures

E-mini Nasdaq futures and micro E-mini Nasdaq futures can be traded nearly 24 hours a day, five days a week on the thinkorswim® trading platforms. 

E-mini Nasdaq futures contract specifications

Considering trading E-mini Nasdaq futures? Here are the E-mini Nasdaq futures contract specifications.

E-mini Nasdaq futures contract specifications
Exchange, Symbol Chicago Mercantile Exchange, /NQ
Multiplier 20 x the Nasdaq 100 (Micro E-mini Nasdaq contracts also available)
Minimum Tick Size  0.25 = $5.00
Settlement Cash
Trading Hours Sunday 6 pm - Friday - 5 pm ET (5 pm - 4 pm CT) with a daily maintenance period from 5 pm - 6 pm ET (4 pm - 5 pm CT)

At Schwab, you also get access to advanced trading platforms and education, where you can take advantage of market research, real-time E-mini Nasdaq futures quotes, and other specialized tools.

E-mini Nasdaq FAQ

E-mini Nasdaq futures can provide investors and traders with an efficient way to gain speculative exposure to the Nasdaq 100 index, or they may be used to hedge stock portfolios against overall market risk. E-mini Nasdaq futures may also be spread against other popular stock index futures, like Dow futures. Options on E-mini futures and Micro E-mini S&P 500 futures are also available.

It is important to understand the benefits and risks involved with E-mini Nasdaq futures before placing a futures trade. With E-mini Nasdaq futures you can trade nearly 24 hours a day, five days a week and take advantage of potential trading opportunities regardless of market direction. E-mini Nasdaq futures also provide the ability to trade with greater leverage and can allow a more efficient use of trading capital. However, trading leveraged products like E-mini Nasdaq futures is not suitable for all investors. It involves risks that greater losses can occur with smaller market movements, and more than your initial investment can be lost.

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