Does XM Have Nasdaq

XM offers NASDAQ (US100) as a cash and futures CFD. A NASDAQ 100 index measures trading activity among the 100 largest and most actively traded companies. Among its constituents are companies in the retail, industrial, biotechnology, and health sectors. Even so, the index serves as a benchmark index for US technology stocks.

NASDAQ 100 index followers appreciate the fact that the index provides exposure to substantial market prices as well as day-to-day fluctuations. In addition to its volume and volatility, the NASDAQ is currently covered by the Federal Exchange rules and closely supervised and regulated by US authorities. If you are curious about whether XM has a NASDAQ, the answer is yes! Read on to learn about conditions and methods to trade XM NASDAQ

About NASDAQ (US100)

The NASDAQ Stock Market, the world’s first electronic stock market in 1971, was the world’s largest and most profitable stock exchange after the New York Stock Exchange (with a market capitalisation of over $1 trillion). The exchange has a high concentration of technology stocks, making it a leading stock exchange. The NASDAQ 100 is one of the most traded stock indexes in the market.

In addition to the NASDAQ composite, the NASDAQ 100 index represents 107 equity securities issued by the 107 NASDAQ-listed non-financial companies. A capitalisation-weighted index, the NASDAQ 100 represents companies from major industries, including IT, retail trade, and biotechnology.

About XM

A diverse international investment company with over fifty million clients, XM is widely recognised and renowned. It, however, was established in 2009 and is known as one of the world’s most prestigious and highly regarded organisations. Furthermore, XM’s financial team includes more than six thousand professionals with an average combined experience of over thirty years.

Also, XM makes trading easy and reliable by not requoting and rejecting orders. In addition, over 99.35% of orders, transactions, and trades are executed immediately.

The FCA, CySEC, ASIC, IFSC, and DFSA are among the institutions that regulate XM, based in Australia, Belize, and Cyprus. Additionally, funds held under a broker’s regulatory framework must be held in separate accounts.

CFD NASDAQ 100 trading

In addition to its high liquidity, the NASDAQ 100 offers traders lengthy trading hours and tight spreads. Moreover, the NASDAQ 100 includes some of the world’s leading technology companies.

Trading the NASDAQ 100 index live using CFDs is possible. In addition, you can trade the NASDAQ 100 without using conventional exchanges using CFDs.

By investing in the NASDAQ 100, you can gain exposure to the US technology sector without studying individual companies in detail. Hence XM NASDAQ 100 is a popular CFD index because of its wide variety of volume and volatility, making it attractive to traders worldwide.

Trading hours for the NASDAQ 100

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A majority of trading for NASDAQ 100 takes place between 09:30 and 16:00 (EST), though the NASDAQ index price is calculated during pre-market hours (04:00-9:30 EST) and aftermarket hours (16:00-20:00 EST). XM offers 24-hour access to NASDAQ trading and NASDAQ 100 chart monitoring.

How to start trading XM NASDAQ (US 100)?

Follow these steps to start trading NASDAQ on XM

1: Sign up for a Real XM account

2: Access the MT5 platform by downloading it and logging in

3: you can open orders for NASDAQ (US100) by double-clicking on it from the “market watch” section.

Thanks to the large swings in this index, XM is an established and credible brokerage, which offers good trading opportunities.

Market Uptrends or Downtrends for the NASDAQ 100

Let’s start with the good news:

If you trade with XM, you won’t be charged any additional commissions or fees.

In addition, the brokerage firm’s margin requirements are lower than those of other brokerage firms in this industry, while its spreads are as low as 2.2 pips.

Then…

Your personal account manager will be available to you and live support 24 hours a day, five days a week.

Additionally, XM provides free webinars, video tutorials, trading signals, and many other educational resources.

What else do you know?

In addition, you will have the possibility of exploring other markets without the need to change accounts.

Trading forex, commodities, stocks, metals, and energies can all be done with the same login.

Trade the US100 and other stock indices with a provider that is well-known in the industry.

Take note of this:

It is good to use XM because they are fully compliant with international regulatory standards and are regulated by authorities such as ASIC in Australia, IFSC in Belize, and CySEC in Cyprus. In addition, their transparent pricing and fair execution make them a good choice.

How is the XM NASDAQ 100 calculated?

As with other global stock market indices, the NASDAQ 100 represents individual companies. Therefore, as their share prices change throughout the day, so will the index.

Each security’s last sale price multiplied by the index share weights is divided by the index divisor to calculate the value of the NASDAQ 100 index.

A company must be listed exclusively on the NASDAQ Global Select or Global Market tiers to be eligible to trade on the NASDAQ 100 index. Companies must also meet the following fundamental requirements on the NASDAQ:

Volume should be around 200K shares per day
A minimum of three months must elapse since it was publicly offered
You are not facing bankruptcy proceedings
Reports should be submitted both quarterly and annually

NASDAQ 100 index prices are capitalisation-weighted, so companies with larger market caps have a greater influence on them.

According to their market capitalisation, NASDAQ companies are added and removed every quarter. Therefore, a company’s weighting cannot exceed 24%.

In contrast, the NASDAQ 100 is not the same as the NASDAQ Composite, including around 3,000 stocks that trade on the NASDAQ exchange. According to NASDAQ statistics, the NASDAQ 100 represents 67% of the overall market cap of the NASDAQ Composite.

Bottom line

With XM, you can trade NASDAQ (US100) as cash or futures. CFDs that track cash indexes are updated and aim to mimic the cash price of the underlying index, so interest and dividends are taken into account when pricing. A CFD on index futures expires on specific futures data and terminates with a cash settlement on that date.

Categories: Traders Blog | Author: Jason Morgan | Date: 3 January 2022

Jason Morgan

Jason Morgan is an experienced forex analyst and writer with a deep understanding of the financial markets. With over 15+ years of industry experience, he has honed his skills in analyzing and forecasting currency movements, providing valuable insights to traders and investors.

Forex Content Writer | Market Analyst

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