US100 – Trade NASDAQ-100 Index

US100 or NASDAQ-100 is an index that displays the status of companies from major industries, including software and computer equipment, commerce, telecommunications, etc. The index does not include the financial sector. Already now you can start trading US100 with JustForex. However, before that, we recommend you to get acquainted with the general information about the index.

  • Spread from: 20;
  • Tick size: 0.10;
  • Swap (pips) Long: -6.00%;
  • Swap (pips) Short: -3.00%.

About US100

US100 is an index weighted by the capitalisation of the 100 largest companies listed on the NASDAQ. This index displays the dynamics of changes in the value of shares of these companies.

NASDAQ (National Association of Securities Dealers Automated Quotation) is an over-the-counter market in the USA that specialises in stocks of leading high-tech companies. More than 3.3 thousand companies are registered there. The NASDAQ listing includes leading companies in such areas of business as high technology, commerce, telecommunications, transportation services, financial services, media, biotechnology. The total capitalisation of these companies is approximately $6,900 billion.

NASDAQ was founded on February 8, 1971. The name comes from the automatic quotation system that initiated the exchange. Until 1988, the index was based only on American companies. Then, companies from other countries began to enter the listing, but the requirements for them were much stricter. Only in 2002, local and international companies were equalised in rights.

Today, the NASDAQ-100 is based on the assets of companies from the United States, Canada, China, Singapore, India, Sweden, Switzerland, Israel and Ireland. Now the NASDAQ-100 is calculated based on the assets of companies such as Facebook, Netflix, Amazon, Yahho! etc. The growth of the index indicates the rise and prosperity of leading IT corporations and allows us to predict the development of the industry as a whole.

What affects the US100?

The list of companies based on the index is revised once, given the market capitalisation of companies. It means that large firms with higher capitalisation are more likely to influence index movement. At the same time, so that some firms could not have too strong an influence on the index, there are some limitations. Therefore, one company may account for 24% of the weighted index value.

Note! Do not confuse the NASDAQ-100 with the NASDAQ Composite. The second index takes into account the capitalisation of all companies whose shares are traded on the NASDAQ.

The index is also positively influenced by factors such as:
  • The emergence of new technologies or breakthroughs in the field;
  • The collaboration of large companies or their merger;
  • Positive profit growth reports of large companies from the list.