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Uh, NQ is stock future not a commodity future? Commodity futures are soybean, oil, corn, gold, etc.
by greenshackle2 6y ago
Uh, NQ is stock future not a commodity future? Commodity futures are soybean, oil, corn, gold, etc.
- clipradiowallet 6y agoNQ is based on the collective value of the nasdaq 100, which themselves are classified as a commodity by the NFA. I'm not sure if you are being pedantic or not... 75 years ago, the commodities you listed were the only type available on the futures market - but since then, it's no longer the case.
- greenshackle2 6y agoNot pedantic just confused, I've never heard stock index futures referred to as commodity futures, that's all. If you told me you're a commodity trader and all you trade are stock indices I'd be puzzled. But maybe that's just me.