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Re: Trading QQQ's Vs E-mini Nasdaq



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At 4:02 PM -0500 11/27/01, Barry Silberman wrote:

>Can someone comment on whether it would be time better spent developing a
>system to trade the e-mini Nasdaq 100 or some other particular market on an
>intraday basis.
>
>Thanks for any insights you can provide.



Looks as if NQ wins on all counts:

Margin Requirements:

  1 contract of  NQ worth $32,000 ... Margin =  $4,125
  800 shares of QQQ worth $32,000 ... Margin = $16,000

Bid/Ask spread:

  NQ:   1 point     = $20 on one contract
  QQQ:  0.05 /share = $40 on 800 shares

Liquidity:

  NQ:  860,000 contracts/week  = $28 billion/week
  QQQ: 242,010,000 shares/week = $10 billion/week


Bob Fulks