The E-mini NASDAQ futures are a popular trading vehicle, reflecting the performance of the NASDAQ 100 Index, which includes 100 of the largest non-financial stocks listed on the Nasdaq stock exchange. These futures are highly valued for their exposure to major technology and biotech companies, making them a favorite among traders looking to leverage the performance of these sectors.

Contract SymbolContract UnitsPrice QuotationTrading ExchangeTrading HoursTick Value
NQ$20 X Nasdaq-100 IndexU.S. dollars and cents per index pointCME GLOBEX17:00 – 16:00
0.25 index points =$5.00

NASDAQ 100 futures trading began in 1996, and the E-mini NASDAQ 100 was introduced in 1999 to allow a broader market participation due to its smaller contract size. These futures are traded on the Chicago Mercantile Exchange (CME) and have evolved to become one of the most heavily traded index futures, reflecting the growth and importance of the technology sector in the global economy​.

E-mini NASDAQ 100 futures are crucial for traders as they allow speculation on the direction of the tech-heavy NASDAQ 100 index with a smaller capital outlay. These contracts are known for their liquidity and tight bid-ask spreads, which make them an attractive option for both day trading and longer-term speculative endeavors​.

The E-mini NASDAQ 100 futures contracts are traded almost 24 hours a day on the CME Globex electronic trading platform and are cash-settled, eliminating the need for physical delivery. These futures follow a quarterly cycle with contract months in March, June, September, and December. The index’s movements are particularly sensitive to tech industry developments and broader economic indicators, making it a dynamic instrument for traders​.

RJO University

Master futures trading with confidence. Access in-depth guides, market analysis, and actionable insights. Whether you’re a novice or seasoned trader, our century of industry experience empowers you to navigate complex markets and make informed decisions. Start your journey with RJO’s trusted expertise.

Agriculture Futures

Fundamental Economic Reports

E-Mini Dow Futures

Risks and Rewards of Investing in DJIA Futures

E-Mini Dow Futures

How to Trade Dow Jones DJIA Futures

E-Mini Dow Futures

Stocks to Futures