The CFD chart below will also provide readers with a good guide to the NASDAQ 100 index.
The chart above is from Plus 500 and normally tracks the NASDAQ 100 futures price (not the daily market).
To analyse real-time spread betting prices and charts for the NASDAQ 100, you will probably need a financial spread betting account.
A spreads account will also let you have access to the short term daily markets, users should note that accounts are subject to status and credit checks.
If your new account is approved then, once logged on, you will be able to review the charts and live prices. On most platforms, these will be free.
Of course, if you were to trade then be aware that CFD trading and spread trading do involve a high degree of risk to your capital and it is possible to incur losses that exceed your initial deposit.
Professional Level Charts for the NASDAQ 100
Even though charts normally vary across the industry, to aid your trading, the majority of charts come with valuable features such as:
Chart overlays and indicators e.g. Moving Average, Parabolic SAR and so on
Many different time periods e.g. 1 minute, 5 minute, 30 minute, 1 hour, 1 day and so on
Drawing tools e.g. Fibonacci Arcs, Time Zones and Fans
Charts on InterTrader also offer more advanced aspects such as:
BackTesting and Tailored Indicators
Useful technical overlays e.g. Ichimoku Kinko Hyo Clouds, Bollinger Bands, MA, Envelopes and so on
More than 30 indicator charts e.g. Historical Volatility, Momentum, Accumulation Distribution, Chaikin Money Flow, Klinger Oscillator, Volume Index and so on
Custom alerts when the markets hit a pre-determined level
Example NASDAQ 100 chart
The spread trading firms in the following list offer their account holders real-time charts and prices:
Where Can I Spread Bet on the NASDAQ 100 for Free?
Trading always involves an element of risk. However, if you want to try a completely free Demo Account, that lets you try out spread betting on a broad range of markets, then please see below for more details.
When considering which investment option(s) is right for you, don't forget that in the UK, financial spread betting is currently free of income tax, stamp duty and capital gains tax*.
If you are looking for a low cost stock market trading platform, you should keep in mind that investors are able to trade the NASDAQ 100 with no brokers' fees with firms like:
If you want to open a (free) Demo Account where you can get a feel for spread betting, including trading markets like the NASDAQ 100, then you could take a look at:
The above companies provide a risk free Practice Account which lets users gain experience with a host of trading orders, try out new trading ideas and look at charts, including candlestick and line charts.
NASDAQ Daily Markets vs NASDAQ Futures
Note that with the NASDAQ 100, spread betting firms sometimes offer a choice of markets e.g.:
NASDAQ 100 (0.1) Rolling Daily
NASDAQ 100 Rolling Daily
NASDAQ 100 (0.1) Futures
NASDAQ 100 Futures
Because the short-term 'Rolling Daily' markets are much more popular with spread bettors than 'Futures' markets, we will just talk through a Rolling Daily example. For examples of how to spread bet on stock market futures, see our Dow Jones Futures guide and FTSE 100 Futures guide.
NASDAQ 100 (0.1) vs NASDAQ 100
In the past, investors could only spread bet on the NASDAQ 100 in whole points, where a point was 1 point of NASDAQ 100 movement. So if your stake was £3 per point and the NASDAQ 100 moves 11 points then that would be a £33 difference to your P&L.
Whilst this makes it much easier to understand how to spread bet on the US tech market it was not very popular. Unlike the FTSE 100 or the Dow Jones, trading in whole points meant that the NASDAQ index was not very volatile and so it didn't appeal to short-term traders. As a result, spread betting companies started offering a NASDAQ 100 (0.1) market.
Readers should be aware that on some spread betting sites you will see 'NASDAQ 100 (0.1)' and others will show 'NASDAQ (0.1)', this is the same market and both are still based on the movement of the NASDAQ 100.
With the NASDAQ (0.1) you trade in £x per 0.1 points (not whole points). So if your stake is £3 per 0.1 points and the NASDAQ 100 moves 11.0 points then that would be a £330 difference to your P&L. £3 per 0.1 points x 11.0 points = £330.
As you can see, this makes the '0.1' market much more volatile. Judging by some of the larger spread betting platforms, the NASDAQ 100 (i.e. the whole point market) is not being offered anymore. So it does seem that the NASDAQ (0.1) and the extra volatility is more popular.
How to Spread Bet on the NASDAQ 100?
As with many of the world's markets, investors can spread bet on indices, like the NASDAQ 100, to rise or fall.
If we log on to Capital Spreads, we can see they are currently showing the NASDAQ (0.1) Rolling Daily market at 2796.9 - 2797.3. This means you can spread bet on the NASDAQ 100 index:
Moving higher than 2797.3, or Moving lower than 2796.9
With this NASDAQ (0.1) market you trade in £x per 0.1 points. So, should you choose to invest £2 per 0.1 points and the NASDAQ 100 moves 3.1 points then there would be a difference to your bottom line of £62. £2 per 0.1 points x 3.1 points = £62.
Rolling Daily Index Markets
An important aspect of this Rolling Daily Market is that it does not have a set closing date. Therefore, if you decide not to close your trade by the end of the day, it just rolls over into the next session.
If a trade is rolled over and you are speculating on the market to:
Rise - then you usually pay a small overnight financing fee, or Fall - then you'll often receive a small payment to your account
For more information on Rolling Daily Markets, and a fully worked example, please see Rolling Daily Spread Betting.
NASDAQ (0.1) Trading Example 1
Let's take the spread of 2796.9 - 2797.3 and make the assumptions that:
You have done your analysis of the US tech markets, and
Your analysis suggests that the NASDAQ 100 index will go above 2797.3
If so, you might buy at 2797.3 and trade, for example, £2 per 0.1 points.
With such a bet you make a profit of £2 for every 0.1 points that the NASDAQ 100 index rises higher than 2797.3. However, such a bet also means that you will make a loss of £2 for every 0.1 points that the NASDAQ 100 index goes lower than 2797.3.
Considering this from another angle, should you buy a spread bet then your P&L is worked out by taking the difference between the final price of the market and the price you bought the market at. You then multiply that price difference by the stake.
If after a few hours the stock market moved higher then you could consider closing your position so that you can guarantee your profit.
So if the US stock market index increased then the spread might change to 2804.3 - 2804.7. You would close your spread bet by selling at 2804.3. As a result, with the same £2 stake your profit would be:
Profit / loss = (Closing Value - Initial Value) x stake
Profit / loss = (2804.3 - 2797.3) x £2 per 0.1 points stake
Profit / loss = 7.0 x £2 per 0.1 points stake
Profit / loss = £140 profit
Speculating on stock market indices, whether by spread trading or otherwise, doesn't always work out as you would have liked. In this case, you had bet that the index would rise. Naturally, the index could fall.
If the NASDAQ 100 index weakened, against your expectations, then you might choose to close your spread bet to limit your losses.
If the spread fell to 2791.0 - 2791.4 then you would settle your trade by selling at 2791.0. Therefore, you would make a loss of:
Profit / loss = (Closing Value - Initial Value) x stake
Profit / loss = (2791.0 - 2797.3) x £2 per 0.1 points stake
Profit / loss = -6.3 x £2 per 0.1 points stake
Profit / loss = -£126 loss
Note - NASDAQ (0.1) Rolling Daily spread quoted as of 22-Apr-13.
How to Spread Bet on the US Tech 100 (0.1) - Example 2
Looking at a spread trading platform like Tradefair, we can see that they have priced the US Tech 100 Rolling Daily market at 2792.4 - 2792.8. This means that an investor could put a spread bet on the US Tech 100 index:
Increasing above 2792.8, or Decreasing below 2792.4
When spread betting on the US Tech 100 index you trade in £x per 0.1 points. As a result, if you chose to risk £3 per 0.1 points and the US Tech 100 moves 3.9 points then that would make a difference to your P&L of £117. £3 per 0.1 points x 3.9 points = £117.
So, if we take the above spread of 2792.4 - 2792.8 and make the assumptions:
You have analysed the stock market, and
Your analysis leads you to think that the US Tech 100 index will rise above 2792.8
Then you could go long of the market at 2792.8 for a stake of £3 per 0.1 points.
With such a bet you make a profit of £3 for every 0.1 points that the US Tech 100 index moves higher than 2792.8. Having said that, such a bet also means that you will make a loss of £3 for every 0.1 points that the US Tech 100 market decreases below 2792.8.
Looking at this from another angle, should you ‘Buy’ a spread bet then your P&L is found by taking the difference between the closing price of the market and the initial price you bought the market at. You then multiply that price difference by your stake.
As a result, if the US tech market rose then you might want to close your position so that you can guarantee your profit.
As an example, should the market rise, the spread, set by the spreads firm, might be adjusted to 2798.1 - 2798.5. To close your trade you would sell at 2798.1. Accordingly, with the same £3 stake you would calculate your profit as:
P&L = (Final Price - Opening Price) x stake
P&L = (2798.1 - 2792.8) x £3 per 0.1 points stake
P&L = 5.3 x £3 per 0.1 points stake
P&L = £159 profit
Speculating on indices, whether by spread trading or otherwise, can work against you. In this example, you had bet that the US index would increase. Nevertheless, the index might go down.
If the US Tech 100 market had started to fall then you could choose to close your trade in order to limit your losses.
Should the market pull back to 2787.1 - 2787.5 then this means you would sell back your position at 2787.1. If so, your loss would be calculated as:
P&L = (Final Price - Opening Price) x stake
P&L = (2787.1 - 2792.8) x £3 per 0.1 points stake
P&L = -5.7 x £3 per 0.1 points stake
P&L = -£171 loss
Note: US Tech 100 Rolling Daily market correct as of 20-Mar-13.
Please note that the above represents the 'NASDAQ-100 Consolidated' report, i.e. the aggregate position of the 'NASDAQ-100 Stock Index' and the 'NASDAQ-100 Stock Index Mini' contracts.
Simply click on the company you're interested in spread betting on and we talk you through the most popular spread betting questions on that Nasdaq listed company:
Where can I spread bet on Nasdaq listed shares?
Where can I get free charts for Nasdaq listed shares?
How to spread bet on Nasdaq listed shares?
Etc
Many of these guides also have live charts and prices.
If we haven't prepared a page yet on your chosen company, just contact us to let us know.
Launched in January 1985, the NASDAQ 100 is an Index of 100 of the largest domestic and international securities listed on The NASDAQ Stock Market based on market capitalisation.
The NASDAQ includes companies from a variety of industries including computer hardware and software, telecommunications, retail and biotechnology. However, currently, it does not contain financial companies or investment companies.
Where did they get that name? The NASDAQ: National Association of Securities Dealers Automated Quotation System.
Rather than being called the NASDAQ 100, with financial spread betting and contracts for differences, the American index is often called the 'US Tech 100' or the 'Tech 100'.
Below, an article by Finspreads which gives a good example of how volatile tech stocks can be, 20 May 2012.
Less than a week after the launch of its high profile IPO, social networking giant, Facebook, has landed itself in hot water over allegations that the company issued a 'false and misleading' prospectus ahead of its IPO launch last Friday.
Facebook's larger than life debut witnessed a buyer frenzy of sorts, with investors fearing that a new technology bubble, tech bubble 2.0, may be in the making.
The company has failed to dazzle, however, with Facebook shares sliding by around 18% on Tuesday from its IPO price of $38 to $31.
Technology bellwether Dell has shared some of this pain after the company's stocks tumbled 17% on Wednesday, May 23, after posting poorer-than-expected fiscal Q1 profits.
The heavyweight stock has dragged down others with it, with Intel Corp and Microsoft racking up falls of between 2.18 % and 2.27% respectively on the same day.
Technology Stocks - A False Bubble?
Facebook's dismal performance may have left many bitterly disappointed, but the stock offered fresh investors hope after the company's share price scuppered two straight days of falls to close up 3.2% at $32 per share on Wednesday.
The recent rough and tumble in the technology sector begs the question: have technology stocks been building themselves up in a false bubble, or is the sector simply pausing for breath before it resumes its rally higher?
Editors note: Whilst the popularity of tech stocks comes and goes, the NASDAQ 100 hit a 13 year high on 5 Aug 2013.
'NASDAQ 100 Spread Betting' edited by Jacob Wood, updated 23-Mar-18
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NASDAQ 100 Spread Betting
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