US-TECH 100 CFDs | Plus500 (2024)

US-TECH 100 index futures CFD, based on NASDAQ-100 index futures, is a basket of shares including the 100 largest non-financial companies listed on the NASDAQ stock market. The index is traded as ‘NQ’.

NASDAQ-100 is a modified capitalisation-weighted index, as a result, larger companies like Apple, Microsoft, Meta and Intel - have a greater effect on the index’s price than smaller companies.

The price of US-TECH 100 futures contract is impacted by a wide range of factors.

Among these are the economic outlook for the US economy, including the percent change in gross domestic product (GDP), measuring the nation's production output; changes in government revenues; and interest, inflation, employment and unemployment rates. Furthermore, macroeconomic events and changes in trade agreements, at both regional and global levels, can tend to move American-based stock index futures.

On the American stock market are 4 of the most actively-traded index futures:

These index futures are available for trading from Sunday 22:00 until Friday 20:15, with an interval downtime of 15 minutes between 20:15 to 20:30, as well as 1 hour from 21:00 to 22:00*.

• US-TECH 100
• USA 500
• USA 30
• USA 2000

* Trading hours are in UTC and may change occasionally depending on the underlying stock exchanges.

Here are five steps to start trading US-TECH 100 index futures CFD with Plus500:

1. If you don’t already have an account, open a Trading Account Here.
2. Complete your account registration and verify any relevant documents as required. Once this is done, you can start depositing funds.
3. Search for US-TECH 100 under the platform’s ‘Indices’ category or in the search bar.
4. Check for live and historic prices of US-TECH 100 using our advanced charting tools.
5. Click the ‘Buy’ button if you think US-TECH 100 will rise in value or the ‘Sell’ button if you think it will fall.