Joins the S&P 500 Index in the 5/25 Club
NEW YORK, Sept. 16, 2008 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group (Nasdaq:NDAQ) today announced that futures contracts based on the NASDAQ-100 Index(r) have crossed the 5/25 milestone -- 500 million contracts traded/$25 trillion in notional value. Moreover, trading of futures on the NASDAQ-100 Index is fast approaching 600 million contracts worth over $25 trillion in notional value on the Chicago Mercantile Exchange.
The NASDAQ-100 and the S&P 500 are the only indexes with contracts traded on the U.S. futures markets to cross this important threshold.
"Achieving this important milestone reinforces the NASDAQ-100 Index as a tremendously relevant benchmark for investors and market professionals …