US Nasdaq 100 Index (Cash) US100

What is US Nasdaq 100 Index (Cash)?

NASDAQ Cash is a synthetic financial instrument whose price is calculated based on the value of several futures contracts on the American NASDAQ 100 technological stock index nearest to their expiration dates. The index includes the 100 largest companies by capitalisation whose shares are traded on the NASDAQ stock exchange. One of the main advantages is that this instrument is infinite in time. In other words, it doesn’t expire on a monthly basis. We recommend using this instrument for short-term trading strategies. Another advantage of a synthetic instrument is its significantly lower spreads compared to CFDs on this index.