NASDAQ futures are financial contracts that allow investors to speculate on or hedge against the future value of the NASDAQ market index. These futures contracts were introduced on June 21, 1999, and provide a mechanism for managing risk or seeking profit based on anticipated movements in the NASDAQ's underlying assets. They reflect investor sentiment and expectations regarding the performance of the technology-heavy companies listed on the NASDAQ exchange.
June 21, 1999: NASDAQ Futures Launch
On June 21, 1999, NASDAQ futures, financial contract futures that allow investors to hedge or speculate on the future value of various components of the NASDAQ market index, were launched.
2008: Increase in Futures Trading Volume
In 2008, CME's E-mini contracts saw a 37 percent yearly increase in volume, averaging 3.5 million contracts a day, while equity volume increased only 2 percent during the same period.
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The Nasdaq Stock Market is an American stock exchange based...
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