Nasdaq Inc announced the introduction of options on the Nasdaq-100 Micro Index on Thursday.Retail investors may use XND to obtain exposure to the famous Nasdaq 100 Index at a lower rate.

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“Investor interest in the options industry is at an all-time high, with younger investors embracing the market as never before,” said Greg Ferrari, Nasdaq’s head of US options.

The Nasdaq-100 Micro Index, which debuted in January, is one-hundredth of the scale of the Nasdaq 100 Index.NDX is a Nasdaq-listed index that features 100 of the major non-financial stocks by market capitalization. Invesco’s QQQ transaction funds track the index.

Nasdaq announced on Wednesday that its first-quarter indexing sales increased by 40% year over year to $29 million, owing to higher licensing revenues from futures trading related to the tech-heavy Nasdaq-100 Index.

Investors use options to reduce ambiguity, boost dividends, and bet on the market path.

Nasdaq, headquartered in New York, said the new options contracts would be valid for monthly expirations first, followed by weekly expirations in late May.

On Wednesday, the Nasdaq 100 Index rose 0.91 percent to $13,935.15, while the Nasdaq-100 Micro Index rose the same sum to $139.35. Nasdaq Inc. is a publicly traded company based in New York. On Wednesday, NDAQ.O posted higher-than-expected first-quarter earnings, driven by growth in its trading industry amid high market uncertainty and increased initial public offerings.

According to IBES data from Refinitiv, the exchange provider recorded an adjusted net income of $1.96 per share for the year, against expectations of $1.74 per share.

Nasdaq said 196 particular purpose incorporation firms (SPACs), including 79 operated listed firms on the market in the third quarter, comprising Bumble BMBL.O.

Coinbase Global COIN.O, a cryptocurrency exchange, recently began operating on Nasdaq, briefly being a $100 billion business, rendering it more profitable than Nasdaq and Intercontinental Exchange ICE.N, the owner of the New York Stock Exchange.

Nasdaq supplies blockchain markets with market monitoring software and technologies. It also creates an exchange-traded fund with Hashdex, a Brazilian wealth manager, that licensed non-US investors can purchase and sell on the Bermuda Stock Exchange.

“We’re planning to carry it into the United States in the coming months with a second partner,” Nasdaq Chief Executive Officer Adena Friedman said on a conference call with investors. Before investing, you can check more stocks such as nasdaq nvda at