MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the Nasdaq (INDEXNASDAQ:.IXIC) were Tellabs (NASDAQ:TLAB), PowerShares QQQ Trust (NASDAQ:QQQ), and Sirius XM Radio (NASDAQ:SIRI) as of 8:55 a.m. EST.

Investors traded 3,206,304 shares of Tellabs, which was down $0.14, or 4.18%.

Investors also traded 1,553,274 shares of PowerShares QQQ Trust, which was up $0.29, or 0.44%.

Investors exchanged 697,662 shares of Sirius XM Radio, which was unchanged. According to the Chicago Tribune, Sirius XM's president of operations and sales Jim Meyers has emerged as a potential candidate to replace former Sirius XM CEO Mel Karmazin.

(See also Pre-Market Primer: Markets Rise Before Fed Announcement.)

Twitter: @ChrisWitrak