When you access Exness, you will see the NAS100 Exness index under the USTEC symbol. NAS100 is popular for Standard, Pro, Zero, and Raw accounts. In this article, EX Trading will help you understand what NAS100 Exness is as well as evaluate the effectiveness of the NAS100 index.
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ToggleWhat is NAS100?
NAS100 is an index on the stock exchange. It was launched on January 31, 1985. As of now, this index has wide global coverage. In the United States alone, it is in the top 2 most prestigious indexes (based on number of transactions).
Introduction to NAS100 and misunderstood concepts
NAS100 is a digital stock, representing the movements of the top 100 technology companies in stocks. This list of companies belongs to the fields of technology, internet, telecommunications, industry, banking, and transportation. And a number of other companies with growth potential. Investors use NAS100 to track stock movements.
NAS100 is designed for the purpose of automatic quotation. It facilitates decentralized transactions. Several years after its inception, investors can use it to report volume while trading online. As of April 2021, there were approximately 3,097 stocks listed at NAS100.
Differences between the Nasdaq Composite and NAS100
Two main stock indexes are corresponding to two commonly misunderstood concepts: the Nasdaq Composite Index and the NAS100 Index (Nasdaq 100 Index). In there:
Nasdaq Composite is the most widely used index with the ticker symbol (Ticker Symbol) being IXIC. The Nasdaq Composite Index is weighted by market capitalization based on its underlying components. Therefore, when the stocks of large companies fluctuate. The Nasdaq Composite Index will be more affected by fluctuations from small companies. Some of the top companies in the Nasdaq Composite index include Apple (NASDAQ: AAPL), Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), Tesla (NASDAQ: TSLA). The Nasdaq Composite is often viewed as a benchmark for the performance of the entire technology industry.
NAS100 is a large-cap growth index. And there exist only 100 domestic and international non-financial companies based on market capitalization. Besides, the stocks in the NAS100 index have no exposure to any financial stocks.
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NAS100 calculation rules and measurement principles
The characteristic of NAS100 Exness is that it contains many individual stock components. The value of NAS100 is calculated as the total capital value of all components. In particular, capitalization is calculated by the formula: number of outstanding shares x current price of each share. Then divide the total capitalization value by the correction divisor.
Measuring the NAS100 index helps investors limit the influence of large companies as well as keep the level commensurate with other members. Therefore, the proportion of all companies is more than 24% to ensure balance.
Outstanding achievements of NAS100
In 1998, reputable foreign companies were added to the NAS100 index. In 2000, NAS100 reached its highest mark, reaching more than 4,700 points under the impact of the Dotcom wave. Currently, the total number of companies listed on this index is 461. This number also marks an important milestone, making NAS100 one of the few reputable indexes on the exchange.
Overview of Exness NAS100
The stock market has many equity indexes, but the NAS100 is the most popular. NAS100 Exness represents the global market capitalization of major companies. The most prominent are Google (Alphabet), Facebook, Amazon, Apple, Tesla, etc.
NAS100 Exness Index
At Exness, NAS100 provides traders with data to monitor market fluctuations every day. At the same time, it allows you to observe significant exposure to price. On the other hand, Exness is an exchange with a huge trading volume. Regulated by US agencies and monitored by federal exchanges. Therefore, the accuracy and reputation of NAS100 Exness are even more enhanced.
Exness CFD broker also uses NAS100 to offer different spreads and features for trading. The NAS100 index helps traders speculate on long and short positions.
NAS100 operating time
NAS100 Exness operates mainly from 9:30 to 16:00 EST. In the aftermarket, the NAS100 launches from 2:00 p.m. to 7:30 p.m. EST. Pre-market is from 4:00 a.m. to 9:30 a.m. EST. You should note this information to choose when to monitor the index and trade stocks on the exchange.
Additionally, NAS100 will shut down at 1 p.m. (ET) the Friday after Thanksgiving (November 25). And on Christmas Eve if it falls on a weekday.
Is there a fee to use NAS100 on Exness?
The minimum value for one NAS100 point is $0.10. This number will vary depending on your account and the currency you set. In general, NAS100’s fees are relatively low.
Is there a limit to the number of shares on NAS100 Exness?
As we just mentioned above. NAS100 gathers 100 stocks of the most liquid companies. At a certain point, it will cross the 100 threshold and reach a maximum of 103 shares.
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Distinguishing US100 from NAS100
NAS100 or US100 are both stock market indices. They are used to measure the performance of the stocks of 100 major companies. Other concepts you may have heard of such as NDX and USTEC are also tools for investors to use while trading.
Notes when trading the NAS100 Exness index
Know the benefits of trading the NAS100 index on Exness. You need to pay attention to the information below for the most effective trading:
- Continuously monitor volatility: daily volatility of the NAS100 is higher than that of many other US indices. Therefore, you need to promptly update index changes during the day to respond promptly.
- Focus on technology companies: more than 50% of stocks in this index come from the technology sector. When this market increases in price, the index will increase sharply, which is also the time for traders to invest.
- Concern about dividends: many users forget this “advantage” when using the NAS100 index. In fact, a trader will earn beneficial dividends if he holds the NAS100 ETF or NAS100 index fund.
- Leverage control: you can trade NAS100 with high leverage. However, attention should be paid to strict control because the financial impact will affect its growth.
- Short selling is possible: if the trader trades NAS100 via CFD. Investors will be able to short the index easily when buying. This characteristic allows them to profit from volatility whether it is up or down.
Epilogue
NAS100 Exness has been hitting highs as tech stocks recover. Investors are still waiting for good signals and large contract announcements on the MT4 trading platform. With the above information, EX Trading hopes to provide useful data to help you better understand the NAS100 index. And know how to apply it effectively in your investment strategy.
If you have any questions, do not hesitate to contact Exness via email or hotline. Or chat directly on the website for support staff to help you answer problems. Don’t forget to share this article with the trading community to expand your knowledge, learn from Exness partners’ experiences, and grow together.