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Advice on 24 hour Asian Futures Markets


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Advice on 24 hour Asian Futures Markets

  #1 (permalink)
 cencored 
Australia
 
Posts: 49 since Oct 2015

Hi,
I'm mostly trading CME Futures and living in Australia, the time difference makes life very unenjoyable.

I am looking for markets similar to the ES but on the Asian side. They need to be 24 hours (so have a globex session), liquid with no slippage and move very technical.
I find both 6A and 6J to be very slow in Asia and I've looked at them for years. So they are no real options although I keep an eye on them.
I looked at Nikkei on OSE and it's not gbx. NKD on CME is not liquid enough (tick data is ridiculous).
Can you recommend any others to me? Like HSI, Kospi or Nifty?

Why is it so hard to find something tradable when you live in Australia?

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  #3 (permalink)
 artemiso 
New York, NY
 
Experience: Beginner
Platform: Vanguard 401k
Broker: Yahoo Finance
Trading: Mutual funds
Posts: 1,152 since Jul 2012
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cencored View Post
Hi,
I'm mostly trading CME Futures and living in Australia, the time difference makes life very unenjoyable.

I am looking for markets similar to the ES but on the Asian side. They need to be 24 hours (so have a globex session), liquid with no slippage and move very technical.
I find both 6A and 6J to be very slow in Asia and I've looked at them for years. So they are no real options although I keep an eye on them.
I looked at Nikkei on OSE and it's not gbx. NKD on CME is not liquid enough (tick data is ridiculous).
Can you recommend any others to me? Like HSI, Kospi or Nifty?

Why is it so hard to find something tradable when you live in Australia?

I'm confused.

Are you looking for a product to trade on CME that is active during the Asian business day? (Which is why you mentioned 6A/6J/ES?)

Or are you looking for a market/product in an Asian market that is liquid for 24 hours? (Which is why you mentioned OSE?)

Or are you looking for a market/product in an Asian market that has a liquidity POP at CME? (Which is why you mentioned "it's not gbx"?)

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  #4 (permalink)
 cencored 
Australia
 
Posts: 49 since Oct 2015


artemiso View Post
I'm confused.

Are you looking for a product to trade on CME that is active during the Asian business day? (Which is why you mentioned 6A/6J/ES?)

Does not have to be CME. In fact likely isn't. I'm using CQG and SC so can get feeds for most Asian markets.


artemiso View Post
Or are you looking for a market/product in an Asian market that is liquid for 24 hours? (Which is why you mentioned OSE?)

Exactly


artemiso View Post
Or are you looking for a market/product in an Asian market that has a liquidity POP at CME? (Which is why you mentioned "it's not gbx"?)

No

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  #5 (permalink)
Tommip
Rybnik Polska
 
Posts: 114 since Aug 2015
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24h in Asia ?Impossible but with Nikkei OSE and Hang Seng you can trade for most of the day.If you dont like it... then you got SGX and MSCI Taiwan/China A50/Nifty- but it's not even close to Emini.Another option is to trade Forex or forget about 24 h sesion and risk some money on Bursa Malaysia (palm oil futures) / Thailand.

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  #6 (permalink)
 artemiso 
New York, NY
 
Experience: Beginner
Platform: Vanguard 401k
Broker: Yahoo Finance
Trading: Mutual funds
Posts: 1,152 since Jul 2012
Thanks Given: 784
Thanks Received: 2,685

Is cash FX an option for you?

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  #7 (permalink)
 cencored 
Australia
 
Posts: 49 since Oct 2015


artemiso View Post
Is cash FX an option for you?

Possibly, but again I haven't found much action on FX even with Asian crosses such as AUD/JPY.

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  #8 (permalink)
 i960 
San Francisco, CA
 
Experience: Advanced
Platform: SC, eSignal
Broker: IB
Trading: Spreads
Posts: 46 since Jan 2015
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Easily the Nikkei 225 contract on OSE/JPX. This is *the* Asian ES basically. K200 probably the next most similar.

There's also STW, SSG, and A50 on SGX with the former probably being the most interesting of the 3 these days. Hang Seng and HSCEI of course as well but I don't care for their action.

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  #9 (permalink)
 cencored 
Australia
 
Posts: 49 since Oct 2015


i960 View Post
Easily the Nikkei 225 contract on OSE/JPX. This is *the* Asian ES basically. K200 probably the next most similar.

There's also STW, SSG, and A50 on SGX with the former probably being the most interesting of the 3 these days. Hang Seng and HSCEI of course as well but I don't care for their action.

Ok, but is Nikkei on OSE 24 hours?

Is Nikkei 225 on CME an option for Americans wanting to trade in the afternoon?

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  #10 (permalink)
 i960 
San Francisco, CA
 
Experience: Advanced
Platform: SC, eSignal
Broker: IB
Trading: Spreads
Posts: 46 since Jan 2015
Thanks Given: 44
Thanks Received: 43



cencored View Post
Ok, but is Nikkei on OSE 24 hours?

Is Nikkei 225 on CME an option for Americans wanting to trade in the afternoon?

It's tradable but the volume is about 10x less than the 225 mini contract on JPX which is 1M+ lots a day. Even the full size contract on Osaka does the same volume or more as the NKD contract. Singapore has a similar contract on SGX that's comparable in liquidity.

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