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CME E-mini NASDAQ Composite Futures

Contract Size
The size of one CME E-mini® NASDAQ Composite® futures contract equals $20 (the contract’s multiplier) times the current CME E-mini NASDAQ-Composite futures level. The contract moves in ticks of 0.50 index points valued at $10.00 per contract (futures calendar spreads move in increments of 0.05 index points = $1.00 contract).

CME E-mini NASDAQ Composite futures expire on a quarterly basis and are listed two months out in the March quarterly cycle. These contracts trade electronically only on the CME Globex® platform nearly 24 hours a day around the clock, around the world.

Underlying Index
The diversified stock pool comprising the NASDAQ Composite Index is one of the most widely followed and quoted major market indexes in the United States. The NASDAQ Composite Index contains large, medium and small capitalization securities and is heavily weighted in technology stocks, but also covers a wide range of other sectors, including financial, telecommunications and industrial companies.

CME E-mini NASDAQ Composite Index Futures

Trade Unit

$20 times the NASDAQ Composite Index

 

Point Descriptions

.01 index points =$.20

 

Contract Listing

Nearest two months in the March Quarterly Cycle. Mar, Jun, Sep, Dec.

 

Strike Price Interval

N/A

 

Product Code

Clearing=QN
Ticker=QCN

 

Trading Venue: CME® Globex®

Hours

Mon/Thurs 5:00 p.m.-3:15 p.m. & 3:30 p.m.-4:30 p.m.; Shutdown period from 4:30 p.m. to 5:00 p.m. nightly; Sun & Hol 5:00 p.m.-3:15 p.m. Month end(3:15 p.m.) LTD(8:30 a.m.)^^^^^

 

Listed

The percentage price limit is calculated at the beginning of each calendar quarter. Limit is based on 5% of index value.

 

Strike

N/A

 

Limits

5%, 10%, 15% and 20% limits. See Equity limits

 

Minimum Fluctuation

Regular

0.50=$10.00

 

Calendar Spread

0.05=$1.00

 

 

  

ProActive Futures 255 Executive Dr, Suite 410, Plainview, NY 11803 Phone: 1-877-393-5916 More Info

Privacy Policy Statement / Legal Disclaimer

The risk of loss in trading futures and options can be substantial. Futures and options trading may not be suitable for everyone.
Therefore, you should carefully consider the risks in light of your financial condition in deciding whether to trade.
You may sustain a total loss of the initial margin funds and additional funds that you deposit with your brokers to
establish or maintain a position in the commodity futures market.