NexusFi: Find Your Edge


Home Menu

 





The Small Exchange (www.smallexchange.com)


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one SMCJB with 14 posts (36 thanks)
    2. looks_two Big Mike with 12 posts (29 thanks)
    3. looks_3 SBtrader82 with 9 posts (32 thanks)
    4. looks_4 snax with 7 posts (24 thanks)
      Best Posters
    1. looks_one SBtrader82 with 3.6 thanks per post
    2. looks_two snax with 3.4 thanks per post
    3. looks_3 SMCJB with 2.6 thanks per post
    4. looks_4 Big Mike with 2.4 thanks per post
    1. trending_up 24,972 views
    2. thumb_up 172 thanks given
    3. group 241 followers
    1. forum 76 posts
    2. attach_file 10 attachments




 
Search this Thread

The Small Exchange (www.smallexchange.com)

  #41 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,398 since Jun 2009
Thanks Given: 33,173
Thanks Received: 101,537

Please make an exception in this case!
SMCJB View Post
I tend to watch the recordings.

Sent using the NexusFi mobile app

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Deepmoney LLM
Elite Quantitative GenAI/LLM
ZombieSqueeze
Platforms and Indicators
Better Renko Gaps
The Elite Circle
Build trailing stop for micro index(s)
Psychology and Money Management
 
  #42 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,398 since Jun 2009
Thanks Given: 33,173
Thanks Received: 101,537

I've personally asked they address your questions during the event. So either way, I look forward to answers.

SMCJB View Post
I tend to watch the recordings.

Sent using the NexusFi mobile app

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #43 (permalink)
 futs 
Clearwater FL US
 
Experience: Beginner
Platform: Etrade, Tradovate and TOS
Trading: SPX, /ES, /MES, Options
Posts: 35 since Jan 2019
Thanks Given: 24
Thanks Received: 20



philwmich View Post
I hope these catch on and become more popular. I can't find much support for charting. I hope they get added to tradingview soon.

Two platforms I know they are on is TastyWorks and Tradovate.

Reply With Quote
  #44 (permalink)
 futs 
Clearwater FL US
 
Experience: Beginner
Platform: Etrade, Tradovate and TOS
Trading: SPX, /ES, /MES, Options
Posts: 35 since Jan 2019
Thanks Given: 24
Thanks Received: 20


SMCJB View Post
Like the idea but I'm skeptical. Futures trading can be divided into two categories hedging and speculation. I doubt anybody is hedging with these contracts so that leaves us speculation. I would divide speculative trading into three broad categories, 1/ Fundamental, 2/ Technical and 3/ Market Making/Arbitrage/HFT. While obviously you can trade the Small Stock 75 fundamentally how do you trade a 'Precious Metals Contract' that is a mixture of three differing precious metals. How does an Market Maker/Arbitrager trade a contract that small and that is also based upon three other contracts? Who does that leave? Technical traders trading against other Technical Traders?

I have used them for delta hedging, pairs trades and speculation. Precious Metals basically moves like gold which I believe is the largest asset. The biggest issue with them right now is the liquidity.

Reply With Quote
Thanked by:
  #45 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,398 since Jun 2009
Thanks Given: 33,173
Thanks Received: 101,537

Webinar recording:



Please give us feedback and comments:

If you liked it, click here and share your feedback:
https://nexusfi.com/email-feedback.php?title=801&liked=1

If you didn't like it, click here and share your feedback:
https://nexusfi.com/email-feedback.php?title=801&liked=-1

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #46 (permalink)
 
rayjth's Avatar
 rayjth 
Little Rock, Arkansas
 
Experience: Advanced
Platform: NinjaTrader
Trading: oil
Posts: 4 since Jul 2014
Thanks Given: 0
Thanks Received: 1

Video says unavailable

Reply With Quote
  #47 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,398 since Jun 2009
Thanks Given: 33,173
Thanks Received: 101,537


rayjth View Post
Video says unavailable

Give it two and a half hours please.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #48 (permalink)
mosalem2003
Toronto
 
Posts: 102 since Apr 2019
Thanks Given: 106
Thanks Received: 23

The small exchange is a great idea but I am wondering about the both: Liquidity and intra-day margin and maintenance margin.
S75 has a traded volume 203 ONLY - so I expect that trading actively bid/ask spreads on a market order can be huge cost. So only way is to trade on a limit such that market maker algo can fill you. How they can control the instrument follows the index without someone coming to manipulate the market... like if I pushed 10 contracts on a market order it would push the market higher with no liquidity !
On another hand, how come the intraday margin of these products are 5 times a normal micro MES ! and even the maintenance margin is so high ....
I think it is a great idea, specially for the yields SY10 but there is no liquidity at all in the market .. Only 40 contracts Yesterday,..
I hope by time they can bring more traders but till then this is somehow still not efficient for any active intra-day trading but the margins are huge to hold overnight .... Anyone traded this live ? May be my view is not right and we need someone who traded live to let us know their experience ... Hope they can tell us why such margin and why no liquidity. I will check the video once processed ...

Reply With Quote
Thanked by:
  #49 (permalink)
 refine 
Edmonton Alberta Canada
 
Experience: Intermediate
Platform: Ninjatrader
Trading: Emini ES
Posts: 22 since Mar 2018
Thanks Given: 0
Thanks Received: 18

Forgive me if this has been answered previously (I couldn't find it in this thread)....

But I am curious about trading costs.

How much does it cost to trade these products? What is the commission R/T cost for trading a single small contract?

Reply With Quote
Thanked by:
  #50 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,398 since Jun 2009
Thanks Given: 33,173
Thanks Received: 101,537


This thread is about a new Exchange itself (competing against CME). Your question would be directed to the brokers that carry this Exchange.

refine View Post
Forgive me if this has been answered previously (I couldn't find it in this thread)....

But I am curious about trading costs.

How much does it cost to trade these products? What is the commission R/T cost for trading a single small contract?

Sent using the NexusFi mobile app

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote




Last Updated on December 29, 2022


© 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