What does NQ4 mean?

NQ4 typically refers to the "Nasdaq-100 Index" futures contract that expires in the fourth month of the year, April. In financial markets, futures contracts are often designated with a letter for the month and a number for the year, where "NQ" stands for Nasdaq-100 and "4" indicates the fourth month. Investors use these contracts to speculate on or hedge against movements in the Nasdaq-100 index, which includes 100 of the largest non-financial companies listed on the Nasdaq stock exchange.