What is Nasdaq 100?
Nasdaq-100 is a predominantly technology derived index which was launched on January 31st, 1985. As one of the highest performing U.S indices, Nasdaq-100 is made up of the 100 biggest companies listed on the Nasdaq Stock Market. All being non-financial companies domestic and international companies, companies in Nasdaq-100 are rebalanced four times a year to ensure Nasdaq-100 eligibility criteria is met. Some of the most known companies in the index include Google, Microsoft and Apple. It should be kept in mind, however, that although this is one of the technology driven indices, NSD100 exposes traders to a broad range of industries. Popular non-technological companies in the index include Expedia, Amazon and Marriot International.
Market-value-weighted indices, like Nasdaq-100, calculate their components based on the total market value of their outstanding shares. One of the advantages of cap-weighted indices is their high performance in momentum-driven markets. With their tilt towards larger companies, these indices give traders the key to achieving very large amounts of profit.
Companies on the Nasdaq-100 must pass certain criteria for inclusion in the index. As far as Nasdaq-100 liquidity goes, each company must have at least 200 thousand shares traded daily based on a 3-month average. Security types are an important part of this index's eligibility criteria. The security types eligible for this index include ADR’s, tracking stocks, ordinary shares and common stocks.
At PCM International, we understand that trading Forex and indices professionally consists of being educated and well informed on the details of the trading instrument at hand. Thus, we provide traders with the necessary tool, news and information necessary for profiting from index trading. PCM International allows easy access to live Nasdaq-100 charts and forecasts, as well as updated news on economic events that affect Nasdaq-100 prices. With us, traders are also able to benefit from professional trading platforms that enable them to use advanced CFD trading strategies.
Trading hours for NASDAQ 100 on New York Stock Exchange and NASDAQ are 09:30 am to 04:00 pm (EST) Monday to Friday. However, NSD100 can be traded on our platform on the following extended hours:
12:00 am to 10:00 pm (Central European Summer Time) Monday to Friday.
10:00 pm to 08:00 pm (Greenwich Mean Time) Sunday to Friday.
The table below is provided for further details about the Nasdaq 100 index.
Contract | Parameters |
---|---|
Class | Equity Index (stock market index) |
Symbol | NSD100 |
Description | Index representing 100 top U.S. and International stocks |
Standard Tradable Quantity (also called a LOT) | 10 NSD100 contracts |
Minimum Tradable Quantity (the fraction of lot available to trade) | 1 NSD100 contract |
Base Currency (Currency used for margin, P&L and other calculations) | United States Dollars |
Tick Size (The least incremental change in the price of the index) | 0.1 (example: 3735.4 changes to 3735.5 at least) |
Symbol | Name |
AAPL | Apple Inc. |
ADBE | Adobe Systems Inc. |
ADP | Automatic Data Processing, Inc. |
ADSK | Autodesk, Inc. |
AKAM | Akamai Technologies, Inc. |
ALTR | Altera Corp. |
ALXN | Alexion Pharmaceuticals, Inc. |
AMAT | Applied Materials, Inc. |
AMGN | Amgen Inc. |
AMZN | Amazon.com Inc. |
APOL | Apollo Group Inc. |
ATVI | Activision Blizzard, Inc. |
AVGO | Avago Technologies Limited |
BBBY | Bed Bath & Beyond Inc. |
BIDU | Baidu, Inc. |
BIIB | Biogen Idec Inc. |
BMC | BMC Software Inc. |
BRCM | Broadcom Corp. |
CA | CA Technologies |
CELG | Celgene Corporation |
CERN | Cerner Corporation |
CHKP | Check Point Software Technologies Ltd. |
CHRW | CH Robinson Worldwide Inc. |
CMCSA | Comcast Corporation |
COST | Costco Wholesale Corporation |
CSCO | Cisco Systems, Inc. |
CTSH | Cognizant Technology Solutions Corporation |
CTXS | Citrix Systems, Inc. |
DELL | Dell Inc. |
DLTR | Dollar Tree, Inc. |
DTV | DIRECTV |
EA | Electronic Arts Inc. |
EBAY | eBay Inc. |
ESRX | Express Scripts Holding Company |
EXPD | Expeditors International of Washington Inc. |
EXPE | Expedia Inc. |
FAST | Fastenal Company |
FB | Facebook, Inc. |
FFIV | F5 Networks, Inc. |
FISV | Fiserv, Inc. |
FLEX | Flextronics International Ltd. |
FOSL | Fossil, Inc. |
GILD | Gilead Sciences Inc. |
GMCR | Green Mountain Coffee Roasters, Inc. |
GOLD | Randgold Resources Limited |
GOOG | Google Inc. |
GRMN | Garmin Ltd. |
HSIC | Henry Schein, Inc. |
INTC | Intel Corporation |
INTU | Intuit Inc. |
Symbol | Name |
ISRG | Intuitive Surgical, Inc. |
KLAC | KLA-Tencor Corporation |
LIFE | Life Technologies Corporation |
LINTA | Liberty Interactive Corporation |
LLTC | Linear Technology Corporation |
LRCX | Lam Research Corporation |
MAT | Mattel, Inc. |
MCHP | Microchip Technology Inc. |
MDLZ | Mondelez International, Inc. |
MNST | Monster Beverage Corporation |
MRVL | Marvell Technology Group Ltd. |
MSFT | Microsoft Corporation |
MU | Micron Technology Inc. |
MXIM | Maxim Integrated Products, Inc. |
MYL | Mylan, Inc. |
NFLX | Netflix, Inc. |
NTAP | NetApp, Inc. |
NUAN | Nuance Communications, Inc. |
NVDA | NVIDIA Corporation |
NWSA | News Corp. |
ORCL | Oracle Corporation |
ORLY | O'Reilly Automotive Inc. |
PAYX | Paychex, Inc. |
PCAR | PACCAR Inc. |
PCLN | priceline.com Incorporated |
PRGO | Perrigo Co. |
QCOM | QUALCOMM Incorporated |
RIMM | BlackBerry |
ROST | Ross Stores Inc. |
SBUX | Starbucks Corporation |
SHLD | Sears Holdings Corporation |
SIAL | Sigma-Aldrich Corporation |
SIRI | SIRIUS XM Radio Inc. |
SNDK | SanDisk Corp. |
SPLS | Staples, Inc. |
SRCL | Stericycle, Inc. |
STX | Seagate Technology Public Limited Company |
SYMC | Symantec Corporation |
TXN | Texas Instruments Inc. |
VIAB | Viacom, Inc. |
VMED | Virgin Media, Inc. |
VOD | Vodafone Group Public Limited Company |
VRSN | VeriSign, Inc. |
VRTX | Vertex Pharmaceuticals Incorporated |
WCRX | Warner Chilcott plc |
WFM | Whole Foods Market, Inc. |
WYNN | Wynn Resorts Ltd. |
XLNX | Xilinx Inc. |
XRAY | DENTSPLY International Inc. |
YHOO | Yahoo! Inc. |