By Bruce Blythe
At a Glance
- E-mini Nasdaq futures trading soared to new highs amid recent tech-stock volatility.
Consumers have sunk their teeth into the four companies behind the so-called FANG stocks. The same could be said about traders and a futures contract, CME Group’s E-mini Nasdaq 100, closely linked to those companies and the broader technology sector.
In December 2018, E-mini Nasdaq futures trading averaged 732,849 contracts per day, more than double the average of December 2017 and a record for any month since the contract was launched in 1999, according to CME Group