E-Mini Nasdaq 100

As the U.S. economy evolves due to technology and industry, many of the leading companies involved in the revolution are part of the NASDAQ 100 Index. The Chicago Mercantile Exchange has made available an electronic mini (e-mini) version of the NASDAQ 100 futures at a mere one-fifth the size of the NASDAQ 100. These new contracts offer investors an exciting and more affordable new way to invest.

Brochures

2005 Equity Information Guide (PDF)
E-mini Brochure (PDF)

Contract Specs

Trade Unit $20 times the NASDAQ-100 Index
Point Descriptions .01 index points =$.20
Contract Listing Nearest two months in the March Quarterly Cycle. Mar, Jun, Sep, Dec.
Strike Price Interval N/A
Product Code Clearing=NQ
Ticker=NQ
AON=NV
(250 Threshold)

Trading Venue: 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.)^^^^^(AON FLOOR ONLY! 8:30 a.m.-3:15 p.m.)
Listed All listed series
Strike N/A
Limits Price limit corresponding to a 5% INCREASE or DECREASE from the Prior Settlement Price.
Minimum Fluctuation Regular 0.50=$10.00
Calendar Spread 0.05=$2.50

Listed E-Mini NASDAQ-100 Futures Contracts

Months Traded H, M, U, Z Month Key Code
Eligible Months 2
Currently Listed 2
Last Day of Trading Rule The business day of determination of the Final Settlement Price (normally, the 3rd Friday of the contract month).
New Contract Listing Rule The day after the front month expires.
Special Notes Trades on GLOBEX Only
CME Rule Book Chapter 359
Settlement Type Cash Settled

Remember, the risk of loss exists with all futures trading, which includes e-mini futures as well. Only risk capital should be invested.