NASDAQ 100 Futures

Based off of a ‘capitalization-weighted index’, which weighs its components according to their outstanding shares’ market value, the NASDAQ-100 is a stock market index of the largest 100 non-financial companies. The NASDAQ-100 was first utilized in 1985 as a way to promote the NASDAQ.

NASDAQ-100 Contract Specifications
Ticker Symbol	ND ND=Clearing
Contract Size	$100 x NASDAQ-100 futures price
Tick Size (minimum fluctuation)	OUTRIGHT: 0.25; index points=$25.00 CALENDAR SPREAD: 0.05 index points=$5.00
Trading Hours	CME Globex: Mon-Fri 5:00pm previous day – 4:15pm CT Trading halt from 8:15am-3:30pm CT
Trading Hours	Open Outcry: Mon-Fri 8:30am-3:15pm CT
Contract Months/Symbols	CME Globex: One month in the March Quarterly Cycle (Mar, Jun, Sep, Dec)
Contract Months/Symbols	Open Outcry: Five months in the March Quarterly Cycle (Mar, Jun, Sep, Dec)
Last Trade Date	Open Outcry: 3:15 p.m. on Thursday prior to 3rd Friday of the contract month CME Globex: On the rollover date (typically eight days prior to last trade date for open outcry) when the lead month goes off the screen and the deferred month becomes the new lead month. View rollover dates
Settlement Procedure	Daily NASDAQ Settlement Procedure Final NASDAQ Settlement Procedure
Daily Price Limit	View price limits details
Block Trade Eligibility	Yes.
Block Minimum	200 contracts—Outrights only
Exchange Rules	These contracts are listed with, and subject to, the rules and regulations of CME.
Source: CME

Last updated May 2013

Additional Info

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