NASDAQ Composite Futures Contract

Discussion in 'Index Futures' started by CPTrader, Oct 10, 2003.

  1. CPTrader

    CPTrader

    Reports indicate that the CME will commence trading futures on the NASDAQ Composite Index on October 27th in E-mini format.

    Currently only the NASDAQ 100 Index has a futures contract.

    Why the need for this? Personally I think it will just reduce the liquidity in the NDX-100 or maybe it will have a still birth like the Fortune 100 contract.

    Any thoughts?
     
    #1     Oct 10, 2003
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  2. Mr Subliminal

    Mr Subliminal

    #2     Oct 10, 2003
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  3. traderjimbo

    traderjimbo

    probably because the new nasdaq composite etf was introduced -- ONEQ ---
     
    #3     Oct 10, 2003
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  4. hypostomus

    hypostomus

    ...count your blessings. Those new contracts will intoduce more S/R levels to NQ.
     
    #4     Oct 10, 2003
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  5. josbarr

    josbarr

    #5     Oct 10, 2003
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