Interesting facts about the NQ (NASDAQ100 index of the American stock exchange)
The index NASDAQ 100 is one of the largest American stock indices. A distinctive feature of all companies whose shares are listed in Nasdaq is leadership in their industry.
The NASDAQ 100 has adjusted the entry and participation rules several times. Until 1998, there were only American firms; then, the ban was lifted. The NASDAQ 100 provider puts forward strict requirements for applicants to join the index: Foreign issuers are considered if options for futures on their shares are traded on American trading platforms or if they meet the criteria put forward for trading options. For at least three months, the daily trading volume must be at least 200,000 shares. The composition of the index basket is reviewed annually.
The NASDAQ 100 index, the main focus of which is the high-tech sector, has become one of the most profitable instruments of the last decade. The capitalization of the entire index is $15 trillion. The dependence of the NASDAQ 100 index on the development of such areas as cloud technologies or artificial intelligence is obvious. Most of the major stock indices are weighted by the market capitalization of the included stocks. The NASDAQ Composite is no exception. The movement in the shares of large NASDAQ companies affects the index's performance, undoubtedly more strongly than the change in the movement of shares of relatively small index participants. The NASDAQ 100 index is traded under the ticker "NDX". The most actively traded on the Chicago CME are standard futures with a contract size of $100 x NASDAQ -100 (ticker ND) and mini-futures of $20 x NASDAQ - 100 (ticker NQ).
A large number of factors affect the price of the NASDAQ index. The most significant are profit and loss statements of companies whose shares are part of the NASDAQ 100 index. The index is also influenced by interest rates, monetary policy, and other economic indicators, particularly in the United States.