EUREX FGBL Futures Contract Expiry Questions - Bonds and Interest Rates Trading | futures io social day trading
futures io futures trading


EUREX FGBL Futures Contract Expiry Questions
Updated: Views / Replies:5,652 / 8
Created: by Amnesia Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

EUREX FGBL Futures Contract Expiry Questions

  #1 (permalink)
Trading for Fun
Vienna Austria
 
Futures Experience: Advanced
Platform: Sierra Chart
Favorite Futures: NQ, FGBL, 6E, GC
 
Posts: 116 since Mar 2012
Thanks: 16 given, 65 received

EUREX FGBL Futures Contract Expiry Questions

Dear/Fellow Traders,

I will be switching from doing primarily CL, GC and DAX futures to additionally doing German Bund Futures on the Eurex into my daily routine.

I have a question on when i will need to begin rolling over the contract onto the next month as i do not wish for there to be a situation when i find myself having to buy/sell 100 000 Euros worth of Bonds onto my counterparty

I'd appreciate your help and information valid for the current month.

Kind regards!

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,651 since Mar 2010
Thanks: 4,226 given, 25,599 received
Forum Reputation: Legendary


The Bund futures expires two business days prior to the 10th of each month. As June 10 is a Sunday, the last trading day should be Thursday, June 7. The Bund futures are trading until 12:30 PM on that day.

Contract specifications can be found here:

Eurex - Fixed Income Derivatives

Liquidity only switches to the new contract on the last trading day. I would switch to the new contract on the second but the last trading day, but you can also switch in the early morning hours of the last trading day.

Reply With Quote
The following 4 users say Thank You to Fat Tails for this post:
 
  #4 (permalink)
 Vendor: www.traderwerks.com 
Taipei Taiwan
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Optimus
Favorite Futures: TW
 
Posts: 693 since Jun 2009
Thanks: 440 given, 440 received


Amnesia View Post
Dear/Fellow Traders,

I will be switching from doing primarily CL, GC and DAX futures to additionally doing German Bund Futures on the Eurex into my daily routine.

I have a question on when i will need to begin rolling over the contract onto the next month as i do not wish for there to be a situation when i find myself having to buy/sell 100 000 Euros worth of Bonds onto my counterparty

I'd appreciate your help and information valid for the current month.

Kind regards!

If you are long any contracts on first notice day, your broker will raise your margin to account for that to make sure you either trade the correct contract or have enough in the account for delivery. I would roll by first notice.

Math. A gateway drug to reality.
Reply With Quote
The following user says Thank You to traderwerks for this post:
 
  #5 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,651 since Mar 2010
Thanks: 4,226 given, 25,599 received
Forum Reputation: Legendary


traderwerks View Post
If you are long any contracts on first notice day, your broker will raise your margin to account for that to make sure you either trade the correct contract or have enough in the account for delivery. I would roll by first notice.

For FGBL the first notice day is the last trading day, which is June 7. So indeed, you should roll latest on June 6 to avoid to be assigned for purchase of any obligations, if you have a long position.

I have a small excel table for all the futures contracts that I trade where I list the last trading day and first notice day. I then switch to the new contract when liquidity (daily volume) shifts, but never later than 1 day prior to expiry and 1 day prior to first notice day.

Reply With Quote
The following 3 users say Thank You to Fat Tails for this post:
 
  #6 (permalink)
Trading for Fun
Vienna Austria
 
Futures Experience: Advanced
Platform: Sierra Chart
Favorite Futures: NQ, FGBL, 6E, GC
 
Posts: 116 since Mar 2012
Thanks: 16 given, 65 received


Fat Tails View Post
For FGBL the first notice day is the last trading day, which is June 7. So indeed, you should roll latest on June 6 to avoid to be assigned for purchase of any obligations, if you have a long position.

I have a small excel table for all the futures contracts that I trade where I list the last trading day and first notice day. I then switch to the new contract when liquidity (daily volume) shifts, but never later than 1 day prior to expiry and 1 day prior to first notice day.


Thank you for this response, do we have some dedicated FGBL or Schatz/Bobl traders in here discussing their trades/scalps? Couldn't find a dedicated thread.

Reply With Quote
 
  #7 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,651 since Mar 2010
Thanks: 4,226 given, 25,599 received
Forum Reputation: Legendary


Amnesia View Post
Thank you for this response, do we have some dedicated FGBL or Schatz/Bobl traders in here discussing their trades/scalps? Couldn't find a dedicated thread.

@Amnesia: You could start one, but don't forget it ....

Reply With Quote
 
  #8 (permalink)
Trading for Fun
Vienna Austria
 
Futures Experience: Advanced
Platform: Sierra Chart
Favorite Futures: NQ, FGBL, 6E, GC
 
Posts: 116 since Mar 2012
Thanks: 16 given, 65 received


Fat Tails View Post
@Amnesia: You could start one, but don't forget it ....


Hey @Fat Tails,

Just finished opening up my Velocityfutures account, will write a review in the velocity thread for now, waiting on compliance to finish up the risk privilege crediting.

Will start the thread then BTW any specific place i should place it/open it?

Reply With Quote
 
  #9 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,651 since Mar 2010
Thanks: 4,226 given, 25,599 received
Forum Reputation: Legendary


Amnesia View Post
Hey @Fat Tails,

Just finished opening up my Velocityfutures account, will write a review in the velocity thread for now, waiting on compliance to finish up the risk privilege crediting.

Will start the thread then BTW any specific place i should place it/open it?

There is a section of the forum dedicated to Bonds and Interest Rates Trading. That is where your thread would belong to.

Bonds and Interest Rates Trading - Big Mike's Trading Forum

Reply With Quote
The following 2 users say Thank You to Fat Tails for this post:

Reply



futures io > > > > EUREX FGBL Futures Contract Expiry Questions

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
What's happening at Eurex? [Edit: Eurex is trading again] Jura Reviews of Brokers and Data Feeds 13 February 23rd, 2016 03:53 PM
Hollywood Movies Futures contract (seriously) Big Mike Traders Hideout 8 April 24th, 2014 01:52 PM
In your experience, when does the futures contract tend to trend? pandyav Commodities Futures Trading 7 April 15th, 2012 11:42 AM
Futures Contract Specifications - How long is the life of a contract ? trendisyourfriend Traders Hideout 11 November 14th, 2010 10:34 AM
Webinar Trading Video: Live Price Action and Charting Techniques in the Eurex Futures max-td Trading Reviews and Vendors 1 March 13th, 2010 07:35 AM


All times are GMT -4. The time now is 04:54 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-11 in 0.12 seconds with 19 queries on phoenix via your IP 54.226.132.197