US100Cash (US100Cash)
The US 100 Cash Index, also known as the NASDAQ 100 Cash Index, is a financial derivative that tracks the performance of the 100 largest non-financial companies listed on the NASDAQ stock exchange. This index is renowned for its heavy weighting towards technology and innovation, featuring leading firms such as Apple, Amazon, and Microsoft. It is designed to provide a broad view of the tech-driven segment of the US market.
Unlike futures contracts, the US 100 Cash Index has no expiry dates, providing flexibility for both short-term trades and long-term investments. As a cash index, it benefits from instant execution, tight spreads, and leverage, mirroring current market conditions. The index is periodically rebalanced to maintain diverse exposure across major growth areas, making it a valuable tool for tracking market trends and managing investment strategies.