What is the NAS100?
The NASDAQ 100 Index (NAS100) includes the 100 largest non-financial firms on NASDAQ. It's a key global tech index, featuring giants like Apple, Microsoft, NVIDIA, Amazon, and Tesla.
- Trading Hours (GMT+7):
- Summer: Monday 05:00 to Saturday 03:45
- Winter: Delayed by 1 hour
- Daily Market Closure: 04:00–05:00 (delayed by 1 hour in winter)
- Position Holding Rules:
- NAS100 contracts have no expiration date, but holding positions overnight incurs overnight financing costs (also known as Rollover).
- Overnight interest on Fridays is calculated at triple the normal rate to cover weekend holding costs.
- Dividends may be incurred.
- Trading Parameters (NAS100)∶
- Spread: Floating
- Minimum Trading Unit: 1 lot = 1 contract (200 FXCM contracts ≈ 1 E-mini NASDAQ 100 Index futures contract)
- Maximum Trading Volume: A maximum of 5,000 lots can be traded per transaction.
- Pip Value: Every 1.0 price movement = 1 pip, with a pip value of USD0.1