Nq

Nq is a two-letter designation that is most notably used in financial markets. In this context, NQ refers to the E-mini Nasdaq-100 futures contract traded on the Chicago Mercantile Exchange (CME). The contract provides exposure to the Nasdaq-100 index and is used by traders for hedging, speculation, and liquidity provision.

The NQ futures contract is traded electronically on CME Globex and has regular monthly expirations. Prices move in cash terms and the contract’s value is derived from the underlying Nasdaq-100 index. As one of the more actively traded equity-index futures, NQ is commonly used in combination with other Nasdaq-100 related instruments, such as the QQQ exchange-traded fund or the NDX futures contract, to implement various trading strategies and risk management approaches.

Beyond the financial markets, Nq is a two-letter identifier that may appear in unrelated contexts as an abbreviation or code. This article focuses on its primary and widely recognized meaning in futures trading; other uses, if present, are outside the scope of the commonly referenced market symbol.