NASDAQ Equity Indices

Use the NASDAQ 100 index for investments in NASDAQ companies The NASDAQ-100 index only lists non-financial companies. In other words, you will not find any banks or other financial service companies listed here. The NASDAQ 100 index consists of the largest domestic and international companies that are listed on the NASDAQ. There are currently 13 foreign companies listed on this NASDAQ equity index.

I recommend:  OptionsXpress has an index directory and shows useful information on the stock of companies on the NASDAQ equity index, pertaining to price. You’ll also want to check out TD Ameritrade. You can customize and watch up to 21 indices, including the NASDAQ index, on your screen.

Use the NASDAQ telecommunications index for investments in telecommunications companies The NASDAQ Telecommunications index contains a list of telecommunications companies that promise growth and high returns. This includes manufacturers and providers of land line, cellular, and fiber optic technologies.

I recommend:  Scottrade Inc. allows you to monitor the NASDAQ telecommunications index. Of course, you’ll have to be a member to view and research companies. After you subscribe to TradeStation, you can find the companies that make up the NASDAQ telecommunications index and start trading.

Use the NASDAQ biotech Index for investments in biotechnology companies The NASDAQ biotechnology index consists of biotechnology companies, based on the Industry Classification Benchmark. These companies are leaders or pioneers in discovering new drugs or advanced technologies to combat diseases. Biotechnology covers a large area, including pharmaceutical, genetics, bio-chemistry, and other disciplines.

I recommend:  E*Trade has more than 75 NASDAQ equity indices where you can execute trades. You can also purchase Barclay’s iShares to trade on the NASDAQ biotechnology index. These shares can be purchased through a broker or trading platform. Barclay’s iShares lists both the top five holdings and sectors of the index.