Hi Osho
eek 😱
I was afraid someone would ask that 😱
The only thing I really know about it is that it follows the Nasdaq very closely, and you trade it in the normal share dealing way. The main advantage is that you can trade the equivalent of 1/8th per contract size. 800 shares in QQQ would return roughly the same as 1 futures contract, so you could buy 100 shares and only have the equivalent of 1/8th of a futures position - If that makes sense.
I'm not sure if there is an option attached to it.
I pretty sure that's how it works, but it would be great if someone could confirm it 🙂