QQQ, the Nasdaq 100 Index Tracking Stock, will begin trading on the NASDAQ under symbol QQQQ on December 1, 2004. Here are some important details you need to know concerning orders on QQQ and QQQQ: |
November 30, 2004 |
QQQ will trade in regular market session on the AMEX until its usual close time of 4:15 p.m. ET. | |
QQQ will also trade in the After Hours session until 8:00 p.m. ET. | |
Customers entering orders on QQQ after 8:00 p.m. ET will receive an invalid symbol error message indicating that all orders must be entered under the new symbol of QQQQ. | |
Fidelity Representatives will accept orders on QQQQ after 8:00 p.m. ET and will honor online commission rates if applicable. | |
All open orders on QQQ will be cancelled between approximately 5:00 p.m. and 8:00 p.m. ET and will need to be re-entered by customers. | |
December 1, 2004 |
QQQ will trade on NASDAQ under new symbol QQQQ | |
Orders will be accepted online for QQQQ starting at approximately 5:00 a.m. ET. |
Additional Details |
This symbol change has no impact to option orders with QQQ as the underlying security. Options orders will remain open as the option symbols will be the same as they were prior to the change from QQQ to QQQQ. | |
Initially, QQQQ will only trade until 4:00 p.m. ET on the NASDAQ, but is expected to trade until 4:15 p.m. ET within a few weeks. |
Options trading entails significant risk and is not appropriate for all investors. Prior to trading options, you must receive a copy of "Characteristics and Risks of Standardized Options. Opens in a new window.", which is available from Fidelity Investments, and be approved for options trading. Supporting documentation for any claims, if applicable, will be furnished upon request. |