NASDAQ 100 Index

A stock index of the 100 largest companies by market capitalization traded on NASDAQ. The NASDAQ 100 Index includes publicly-traded companies from most sectors in the global economy, the major exception being financial services. Various exchange-traded funds follow the NASDAQ 100 Index. Its symbol on the NASDAQ ticker is QQQ. It is informally called the Cubes.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


The Nasdaq Stock Market sells shares in a unit investment trust (UIT) that tracks the Nasdaq 100 Stock Index.

This market capitalization weighted index includes the largest 100 companies trading on the Nasdaq and is adjusted quarterly to keep it focused on the strongest performers.

The name Qubes comes from the UIT's trading symbol: QQQQ.

Qubes resemble Standard & Poor's Depositary Receipts (SPDR), which reflect the performance of the Standard & Poor's 500 Index (S&P 500) and the DIAMOND (DIA), which tracks the Dow Jones Industrial Average (DJIA).

These investments are also described as exchange traded funds.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
Surprize Qubes is an innovative building block-shaped confectionery that has been designed and brought to the market by Bon Bon Buddies to offer children a sweet treat, which can be consumed, collected and played with.
The pocket-money purchase sees Bon Bon Buddies bring three leading children's characters together, Barbie, Super Mario and Despicable Me 2, as the faces of the new Qubes.
These products are the brainchild of the American Stock Exchange, a unit of the Nasdaq, and carry such monikers as SPDRs, DIAMONDS, QUBES and WEBS.
Pacific Controls has announced a strategic partnership with Chicago-based Qube which will see it launch a subscription-based service in the region offeringhardware, licensing, real time support, cloud services, and management on a single monthly bill.
Well, we don't!" These are the words spoken by Hardy Schuerhoff, CEO of a new start-up company, Qube, challenging established brands like Google Drive, Trello, Dropbox, Slack and Evernote.
Each Surprize Qube is sold as an individual building block containing a 10g pack of strawberry flavoured chewy candy with added fruit juice, three character stickers and two push out and build character 'standees.'