The NAS100’s underlying instrument is the E-Mini Nasdaq 100 Future. The Nasdaq 100 index includes 100 companies from a broad range of industries with the exception of those that operate in the financial industry, such as banks and investment companies: i.e. Apple, Adobe Systems, Amazon, Cisco Systems, Google, Intel, Facebook, etc.

Margin Requirements

Can be viewed in the dealing rates and create order windows on the trading station, or by using the CFD Product Guide.

Trading Hours

Please click here for trading hours.

Please note, however, that hours are subject to change based on Daylight Savings Time. Also, Friedberg Direct’s Index Products do not expire, but Friedberg Direct indices will not be open for trading during holidays in which the reference markets are closed.

Target Spread

The NAS100 has a target spread of 1.5 pips/points.

Max Contract Size

The maximum number of contracts per click (trade) for the NAS100 is 5,000.

Minimum Pip Cost (Value)

The NAS100 has a minimum value of $0.10 per point (Your per point value may be different if your account is denominated in a different currency. Please refer to the Simple Dealing Rates Window in Trading Station for this value).

The pip/point location is shown below. Each 1.0 price movement on the NAS100 is 1 pip/point. Friedberg Direct’s pricing displays additional decimal places - ideal for scalpers in a fast-moving market.

Number of Friedberg Direct Contracts to Equal 1 Future

200 Friedberg Direct NAS100 Contracts are currently equivalent to one NASDAQ 100 E-Mini Future.

Other Information

The NAS100 does have financing cost (Rollover). For further information regarding financing costs, click here.  Applicable to most cash indices, dividend payments will be applied as debit/credit within the rollover amount for your open positions. Adjustments will apply on the eve of the ex-dividend date of the constituent members of the relevant Index. The adjustment will appear as part of the rollover debit/credit on your statement.

With Friedberg Direct’s new Enhanced Execution, there is no minimum stop distance for the NAS100.