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CME NASDAQ-100 Futures
Contract Size
The size of one CME NASDAQ-100® futures contract is determined by taking the contract’s multiplier ($100) time the current CME NASDAQ-100 futures level. These contracts move in ticks of 0.25 index points, or $25 per contract (futures calendar spreads trade in ticks of 0.05 index points or $5.00 per contract).
CME NASDAQ-100 futures expire on a quarterly basis and are listed four months out in the March quarterly cycle. They trade on the CME floors during regular trading hours and are available electronically on the CME Globex® platform during extended trading hours (ETH).
Underlying Index
The NASDAQ-100 Index represents the largest non-financial U.S. and international issues listed on The NASDAQ Stock Market based on market capitalization. Index holding represent companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. It does not contain financial companies (including investment companies) and uses a modified capitalization methodology to provide enhanced diversification.
| CME NASDAQ-100 Futures |
Trade Unit |
$100 times the NASDAQ-100 Index |
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Point Descriptions |
.01 per index point = $1.00 per contract |
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Contract Listing |
Five months in the March Quarterly cycle. |
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Strike Price Interval |
N/A |
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Product Code |
Ticker=ND
Clearing=ND |
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Trading Venue: Floor |
Hours |
8:30 a.m.-3:15 p.m.Month end(3:15 p.m.) LTD(3:15 p.m.)^ |
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Listed |
All listed series. |
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Strike |
N/A |
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Limits |
Price Limits corresponding to a 5.0%, 10.0%, 15.0% and 20.0% decline below the Settlement Price of the preceding RTH session. See Equity limits |
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Minimum Fluctuation |
Regular |
0.25=$25.00 |
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Calendar Spread |
0.05=$5.00 |
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Trading Venue: CME® Globex® |
Hours |
Mon/Thurs 5:00 p.m.-8:15 a.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.-8:15 a.m. |
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Listed |
One March Quarterly contract at any given time. |
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Strike |
N/A |
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Limits |
Price Limits corresponding to a 5.0%, 10.0%, 15.0% and 20.0% decline below the Settlement Price of the preceding RTH session. See Equity limits |
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Minimum Fluctuation |
Regular |
0.25=$25.00 |
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Calendar Spread |
0.05=$5.00 |
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