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.
Mentioned in this timeline
The Nasdaq Stock Market is an American stock exchange based...
Trending
3 hours ago CJ McCollum Faces Lineup Changes After Strong Performance and Emotional Return to New Orleans
3 hours ago Netflix Releases Trailer for Rob Lowe Documentary The Outsider
3 hours ago Tyrese Maxey Celebrates Birthday and Faces NBA Leadership Recognition
3 hours ago Ryan Seacrest Navigates Emotional Highs and Lows on Wheel of Fortune
3 hours ago Cade Cunningham Leads Detroit Pistons to Dominant Victory Against Charlotte Hornets
3 hours ago Omar García Harfuch Highlights Claudia Sheinbaum Leadership in Transforming National Security
Popular
Ken Paxton is an American politician and lawyer serving as...
Greg Abbott is the current and th Governor of Texas...
Marsha Blackburn is a prominent American politician serving as the...
Cory Booker is an American politician and lawyer currently serving...
Elon Musk is a visionary entrepreneur and engineer known for...
Barack Obama the th U S President - was the...