QQQE - The Growth Of Tech And 25 Years Of Nasdaq Futures
2024-07-13 05:45:00 ET
Summary
- Over the past quarter century, technology stocks have become a source of economic strength, and the Nasdaq-100 index is now one of the main gauges global investors and traders watch.
- Launched in 1999, E-mini Nasdaq-100 futures at CME Group have become a key tool for managing exposure to the Nasdaq-100 Index®, with $230 billion in notional value traded daily.
- CME Group’s licensing of the Nasdaq-100 index, and subsequent E-mini Nasdaq-100 contract, was one of the firms’ early partnerships.
By Debbie Carlson
At a Glance
- Launched in 1999, E-mini Nasdaq-100 futures at CME Group have become a key tool for managing exposure to the Nasdaq-100 Index®, with $230 billion in notional value traded daily
- From the dot com era to AI, new economy stocks that make up the Nasdaq-100® have evolved from being a niche part of the overall stock market to a major force