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The Small Exchange (www.smallexchange.com)


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The Small Exchange (www.smallexchange.com)

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  #41 (permalink)
 Big Mike 
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Please make an exception in this case!
SMCJB View Post
I tend to watch the recordings.

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  #42 (permalink)
 Big Mike 
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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.

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  #43 (permalink)
 futs 
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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.

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  #44 (permalink)
 futs 
Clearwater FL US
 
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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.

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  #45 (permalink)
 Big Mike 
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  #46 (permalink)
 rayjth 
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Video says unavailable

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  #47 (permalink)
 Big Mike 
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rayjth View Post
Video says unavailable

Give it two and a half hours please.

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  #48 (permalink)
mosalem2003
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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 ...

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  #49 (permalink)
 refine 
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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?

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  #50 (permalink)
 Big Mike 
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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 futures.io mobile app

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