Nasdaq 100 Index
USTECH
Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions.
Trading Conditions
ATP Margin
0.005
Contract Size Currency per 1 Lot Symbol
USD 1 x Index
Min/Max Trade Size (lots)
1 / 250
Schedule and Fees
Market Open
Sunday 18:00 New York
Market Closed
Friday 16:59 New York
Trading Break
16:15 - 16:30 & 16:59 - 18:00 New York
3 Day Financing
Friday
Long & Short Position Overnight Fee
displayed on the trading platform
FAQ
The Nasdaq 100 index, often referred to as the "NDX," is a stock market index that tracks the performance of 100 of the largest and most actively traded non-financial companies listed on the Nasdaq Stock Market. The index includes companies from various sectors, such as technology, telecommunications, biotechnology, and retail. However, financial companies like banks are excluded from the index.
The Nasdaq 100 is a market capitalisation-weighted index, which means that the companies with higher market capitalisations have a greater impact on the index's overall performance. In other words, the larger and more influential a company is, the more its stock price movements will affect the index.
The Nasdaq 100 is considered a benchmark for the performance of the technology and growth-oriented sectors of the stock market. It is widely used by investors, traders, and financial professionals to gauge the overall health and trends of the technology-heavy and typically innovative sectors of the economy.
Some well-known companies listed in the Nasdaq 100 include Apple, Microsoft, Amazon, Google (Alphabet), Facebook (Meta), and many other prominent technology and biotechnology firms. The index is periodically rebalanced to ensure that it reflects the current market capitalisation and composition of the included companies.
