Discover what else you need to know about the NASDAQ
There are still many things to learn about an index as well-traded as the NASDAQ 100. Here are just a few more answers to common questions:
What are the NASDAQ’s trading hours?
The NASDAQ’s normal market hours are 9.30am to 4pm EST (Eastern Standard Time), which is 10.30pm to 5am UTC+8. However with us, you can trade 24 hours a day, from Monday to Friday, to best take advantage of significant market events that may not keep office hours, like earnings season.
How is the NASDAQ price calculated?
The NASDAQ price is determined by a host of factors, most importantly its constituent companies’ latest share prices. The constituent companies of the NASDAQ are the 100 largest non-financial companies (for example, not banks) on the NASDAQ stock exchange by market capitalisation. This, plus other factors, are calculated into an average value for the stock exchange as a whole.
The NASDAQ is a modified capitalisation-weighted index. This means that not all NASDAQ stocks have equal weighting but, rather, the largest stocks will contribute a higher percentage to the total aggregate. So, if Apple’s share price goes up significantly and Apple is one of the largest stocks by market cap on the NASDAQ, the NASDAQ price will almost definitely go up too.
