How is the slippage when trading FDAX live? - futures io
futures io futures trading



How is the slippage when trading FDAX live?


Discussion in Emini and Emicro Index

Updated by alex27
      Top Posters
    1. looks_one Tommip with 4 posts (2 thanks)
    2. looks_two choke35 with 3 posts (0 thanks)
    3. looks_3 tradingishard with 2 posts (0 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 5,092 views
    2. thumb_up 3 thanks given
    3. group 6 followers
    1. forum 11 replies
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

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

 
Thread Tools Search this Thread
 

How is the slippage when trading FDAX live?

  #1 (permalink)
oakley, CA
 
 
Posts: 5 since Oct 2012
Thanks: 0 given, 0 received

How is the slippage when trading FDAX live?

Im mainly a CL and TF trader. But i recently started trading FDAX and i like it alot. But there has been many times where I have had slippage of 3 ticks on SIM. Are the fills on FDAX live as bad as they are on SIM?

Reply With Quote

Can you help answer these questions
from other members on futures io?
Convert NinjaTrader NT7 indicator to Tradestation EasyLanguage and RADARSCREEN
Platforms and Indicators
Issue meeting order entry conditions
Elite Automated NinjaTrader Trading
Last 5 minutes Label
ThinkOrSwim
Moving average with Lag reduction
NinjaTrader
Linux?
ThinkOrSwim
 
 
  #3 (permalink)
Germany
 
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
 
Posts: 2,666 since Feb 2013
Thanks: 5,097 given, 6,547 received



tradingishard View Post
Im mainly a CL and TF trader. But i recently started trading FDAX and i like it alot. But there has been many times where I have had slippage of 3 ticks on SIM. Are the fills on FDAX live as bad as they are on SIM?

If you trade a single contract, the SIM slippage that you have found is normal during non-data times.
Last Friday e.g. around the NFPs slippage could easily be multiples of that.

When you look at the FDAX realtime DOM during normal periods of the day you will find that the closest levels
often only show 1 contract - so already trading 2 or more contracts would drive your fills into worse levels.
Besides, on many days more than 50% of the FDAX ticks are single contracts - which often signals that HFT
systems are "pinging" the market just to find out if they can trigger bid or ask reactions.

P.S.: The answer assumes market or stop buy/sell orders. With limit orders you simply will not get a fill in many situations.


Last edited by choke35; November 10th, 2015 at 04:53 PM.
Reply With Quote
 
  #4 (permalink)
Rybnik Polska
 
 
Posts: 114 since Aug 2015
Thanks: 18 given, 51 received

Its little off - topic but becouse spread at most of the time is 2 point's on Eurex it is only instrument in the world where CFD are better then Futures.On most cfd platform's all cost's take less then 1 point (spread and fee )...On eurex with fast market you can get even 5 or more points slippage so cost's (fee + slippage ) are little high.

Reply With Quote
The following user says Thank You to Tommip for this post:
 
  #5 (permalink)
Germany
 
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
 
Posts: 2,666 since Feb 2013
Thanks: 5,097 given, 6,547 received


Tommip View Post
Its little off - topic but becouse spread at most of the time is 2 point's on Eurex it is only instrument in the world where CFD are better then Futures.On most cfd platform's all cost's take less then 1 point (spread and fee )...On eurex with fast market you can get even 5 or more points slippage so cost's (fee + slippage ) are little high.

That's a common misperception. If you can monitor the real spread of your CFD dealer vs the FDAX you will find
that the announced spread is peanuts compared with the difference between the CFD price and the price of the
underlying at the same time as soon as there's a little volatility.

Reply With Quote
 
  #6 (permalink)
Rybnik Polska
 
 
Posts: 114 since Aug 2015
Thanks: 18 given, 51 received


choke35 View Post
If you can monitor the real spread of your CFD dealer vs the FDAX you will find
that the announced spread is peanuts compared with the difference between the CFD price and the price of the
underlying at the same time as soon as there's a little volatility.


It depend of CFD provider.Many of them got ALWAYS spread of 1 point - regardless of volatility.

Reply With Quote
 
  #7 (permalink)
Germany
 
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
 
Posts: 2,666 since Feb 2013
Thanks: 5,097 given, 6,547 received


Tommip View Post
It depend of CFD provider.Many of them got ALWAYS spread of 1 point - regardless of volatility.

Think you never compared the real spread that you pay with the bid/ask that you are shown ...
The meat is the difference between your CFD price and the price that it should have if it follows the underlying correctly.

Reply With Quote
 
  #8 (permalink)
Rybnik Polska
 
 
Posts: 114 since Aug 2015
Thanks: 18 given, 51 received


choke35 View Post
should have if it follows the underlying correctly.

This is the key point - ,,if''.Most of CFD provider's got DAX futures based cfd ... but they only say that it is based on futures.Most of them got some synthetic product,a mix of index and futures.Result is better cost's ...but what we really trade ?.No one know.The real one based on futures (which have City Index and GFI some time ago) have 4 points spread so it is average for every CFD based on futures - futures spread 1/2 tick's + commission of CFD provider add another 2 points=4 points.In this point you have right - REAL futures based cfd got 4 point's spread.
Anyway,its still a good choice for these who want to trade FDAX but not more then one futures per side.

Reply With Quote
The following user says Thank You to Tommip for this post:
 
  #9 (permalink)
oakley, CA
 
 
Posts: 5 since Oct 2012
Thanks: 0 given, 0 received

is there anything that trades like FDAX with less slippage? I trade CL and TF daily, but I've been loving the volatility of FDAX when I trade it on replay and SIM and I would love to trade something with the volatility of the FDAX, but with less slippage

Reply With Quote
 
  #10 (permalink)
Rybnik Polska
 
 
Posts: 114 since Aug 2015
Thanks: 18 given, 51 received


YM .In points there is Hang Seng and Bovespa.But slippage will be similar as on Dax

Reply With Quote



futures io Trading Community Traders Hideout Emini and Emicro Index > How is the slippage when trading FDAX live?




Upcoming Webinars and Events
 

Understanding Order Flow Stop Runs & Icebergs w/Bookmap

May 28
 

Free BloodHound Licenses to everyone!

June
     



Copyright © 2020 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