NexusFi: Find Your Edge


Home Menu

 





New EUREX micro contracts start 19 April


Discussion in Emini and Emicro Index

Updated
      Top Posters
    1. looks_one steve2222 with 5 posts (4 thanks)
    2. looks_two Linds with 1 posts (2 thanks)
    3. looks_3 SBtrader82 with 1 posts (2 thanks)
    4. looks_4 Redatrade with 1 posts (1 thanks)
      Best Posters
    1. looks_one Linds with 2 thanks per post
    2. looks_two SBtrader82 with 2 thanks per post
    3. looks_3 Redatrade with 1 thanks per post
    4. looks_4 steve2222 with 0.8 thanks per post
    1. trending_up 2,491 views
    2. thumb_up 9 thanks given
    3. group 6 followers
    1. forum 9 posts
    2. attach_file 0 attachments




 
Search this Thread

New EUREX micro contracts start 19 April

  #1 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
Posts: 1,896 since Sep 2009
Thanks Given: 3,379
Thanks Received: 1,540

Based on DAX, EURO STOXX 50 and SMI.

1 pip/tick/point = 1 Euro$

https://www.xetra.com/xetra-en/newsroom/press-releases/list-press-releases/Eurex-introduces-its-first-micro-futures-on-benchmark-indices-2584346

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
Better Renko Gaps
The Elite Circle
Cheap historycal L1 data for stocks
Stocks and ETFs
REcommedations for programming help
Sierra Chart
Trend Direction Force Index (TDFI)
Platforms and Indicators
 
  #2 (permalink)
Redatrade
Milan, Italy
 
Posts: 5 since Mar 2021
Thanks Given: 6
Thanks Received: 1


steve2222 View Post
Based on DAX, EURO STOXX 50 and SMI.

1 pip/tick/point = 1 Euro$

waiting
let's see brokers' commissions

Reply With Quote
Thanked by:
  #3 (permalink)
 
SBtrader82's Avatar
 SBtrader82   is a Vendor
 
Posts: 587 since Feb 2018
Thanks Given: 222
Thanks Received: 1,333




Wow!! what a great piece of news!
The real question is if there will be enough volume. Probably there will be volume on Eurostock, but I doubt that DAX volume will be enough to avoid slippage.

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #4 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
Posts: 1,896 since Sep 2009
Thanks Given: 3,379
Thanks Received: 1,540

There is more detail here: https://www.eurex.com/ex-en/find/circulars/circular-2575558

Attachment 2 suggests Product Codes of FSXE for micro Euro Stoxx and FDXS for micro Dax.

Interestingly it appears FSXE will trade in half points (0.5) unlike it's big brother the FESX which trades in whole points (1.0)

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
Started this thread Reply With Quote
  #5 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
Posts: 1,896 since Sep 2009
Thanks Given: 3,379
Thanks Received: 1,540

AMP have already disabled trading on the Eurex Micros due to lack of liquidity:

https://news.ampfutures.com/eurex-micro-indices-launched-ready-for-live-trading

They are not off to a good start!

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
Started this thread Reply With Quote
  #6 (permalink)
 
Linds's Avatar
 Linds 
Victoria, Australia
 
Experience: Intermediate
Platform: NT, MT4
Broker: NT
Trading: Bund , ASX 200
Posts: 417 since Jul 2010
Thanks Given: 982
Thanks Received: 533

Spread on micro Dax is 4-5 points on Continuum feed.
Not tradable yet..hopefully things will improve.

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #7 (permalink)
 
Tymbeline's Avatar
 Tymbeline 
Leeds UK
Market Wizard
 
Experience: Intermediate
Platform: Tradovate
Broker: Tradovate
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 649 since Apr 2015
Thanks Given: 2,349
Thanks Received: 1,057

It's one of those chicken-and-egg things: it will take time. It won't be tradable until far more people are trading it. Nobody goes there any more - it's too crowded. Very exclusive - everyone welcome.

Reply With Quote
  #8 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
Posts: 1,896 since Sep 2009
Thanks Given: 3,379
Thanks Received: 1,540

Volume had been picking up in the micro Dax with Friday over 4k, but looks like today may have slipped back to about 2k.

AMP still have trading suspended but NT are saying in their monthly newsletter that it can be traded. I am also aware from some members on another forum that they have been trading it just to test it out.

Agreed though it needs a lot more volume.

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
Started this thread Reply With Quote
Thanked by:
  #9 (permalink)
BullandBear19
Vancouver, Canada
 
Posts: 5 since Sep 2019
Thanks Given: 1
Thanks Received: 8

Going to be quite the year for instruments between these and crypto futures coming in

Reply With Quote
  #10 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
Posts: 1,896 since Sep 2009
Thanks Given: 3,379
Thanks Received: 1,540


Looks like AMP have re-enabled trading on the Eurex Micros:

https://news.ampfutures.com/eurex-micro-indices-launched-ready-for-live-trading

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
Started this thread Reply With Quote




Last Updated on May 10, 2021


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts