| FUTURES
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SPECS |
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Ticker Symbol |
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Futures symbol is "QCN"; Spot Index is "QCX"; Clearing Code is "QN"
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Contract Month Listings |
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March Quarterly Cycle |
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Contract Size |
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$20 times the NASDAQ
Composite Index |
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Minimum Price
Fluctuation
(Tick) |
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0.50 Index Points or $10.00; 0.05
Index Points or $1.00 for calendar spreads |
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Price Limit |
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5%, 10%, 15% and 20%
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| Trading Hours
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On Sundays from 5:30 p.m. to 3:15
p.m. the following day; on Mondays through
Thursdays from 3:30 p.m. to 4:30 p.m. and from 5:00 p.m. to 3:15
p.m. the following
day (All times refer to local Chicago times) |
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| Last
Trading Day |
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Trades until 8:30 a.m.
(Chicago time) on Final Settlement Date. |
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| Final
Settlement Date |
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Third Friday of the Contract Month
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Position Limits/
Accountability |
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25,000 NASDAQ Composite
Index Contracts or the Combined Futures Equivalent |
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| Final
Settlement Price |
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Based upon a Special Opening
Quotation of the NASDAQ Composite Index
referencing a volume weighted average of the Constituent Stocks
within the
first five minutes of trade. |