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micro Stoxx FSXE & micro Dax FDXS ......


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micro Stoxx FSXE & micro Dax FDXS ......

  #1 (permalink)
vpd1952
memphis
 
Posts: 77 since Mar 2020
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I'm new to trading anything from the EUREX exchange, and would like to incorporate these two markets/indexes into my Trading

Can someone with Experience and or knowledge in trading these two markets please help me with the correct Point /Tick increments for both Markets

FSXE - the tick size is 0.50 Euro , so is this .50 cents USD per tick?
the tick size is 0.50 index point
So does each 1 point move in the STOXX ( FSXE ) = $1 USD ?

Account size = $4,000 x .02% ( risk ) = $80
Entry = 4092.00 & Exit = 4121.00 = 29 ticks

$80 divided by ( 29 ticks x .50 = $14.50 ) = 5.5 contracts
rounded down I can trade 5 contracts ?

Trading Hours - 1:10 am to 10:00 pm ( CET central european time ) - so is this 10:10 pm to 4:00 pm cst. ?



FDXS - the tick size is 1.00 Euro , so is this $1 USD per tick?
the tick size is 1.00 index point
So does each 1 point move in the STOXX ( FSXE ) = $1 USD ?

Account size = $4,000 x .02% ( risk ) = $80
Entry = 15514.00 & Exit = 15570.00 = 56 ticks

$80 divided by ( 56 ticks x $1 = $14.50 ) = 1.4 contracts
rounded down I can trade 1 contract ?

Trading Hours - 1:10 am to 10:00 pm ( CET central european time ) - so is this 10:10 pm to 4:00 pm cst. ?
Trading Hours - 1:10 am to 10:00 pm ( CET central european time ) - so is this 10:10 pm to 4:00 pm cst. ?


Really appreciate the help with these two Markets/Trading scenarios
Looking forward to trading them, hopefully by Next week

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  #2 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
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No - most Eurex instruments incl the ones you mention are quoted in Euros not USD.

Start with these two links to answer your questions:

https://www.ampfutures.com/trading-info/contract-specifications/

https://www.eurex.com/ex-en/markets/idx

If you are still not clear on something, then post back the specification question, but I can assure you the Eurex site contains answers to all your questions.

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
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  #3 (permalink)
vpd1952
memphis
 
Posts: 77 since Mar 2020
Thanks Given: 211
Thanks Received: 23


steve2222 - Thank you so much. I'll check out both of those links this Evening!!

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