E-mini Nasdaq 100 Sets Another Volume Record
Date 12/01/2000
The Chicago Mercantile Exchange's E-mini Nasdaq 100 futures contract set a new single-day volume record on Jan. 10, of 15,674 contracts.
The new single-day mark follows volume records set Jan. 4 and Jan. 3 at 15, 455 and 15,416, respectively.
E-mini Nasdaq 100 futures, launched on the CME June 21, 1999, trade on the GLOBEX®2 electronic trading system. The contract is sized at one-fifth of the exchange's standard Nasdaq 100 Index futures contract, or $20 time the index value.
The index is a modified, capitalization-weighted index of the 100 largest stocks trading on the Nasdaq Stock Market and is composed largely of technology and Internet issues.