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The Small Exchange (www.smallexchange.com)


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The Small Exchange (www.smallexchange.com)

  #31 (permalink)
 
Silver Dragon's Avatar
 Silver Dragon 
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Small Exchange is launching a new product on Monday Sept 24. The STIX will be commission free for the next month.

Looking forward to trading this.

Robert

STIX- Small Technology 60 website overview

STIX- Components and weighting

STIX- Small Technology 60 Overview video




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  #32 (permalink)
 
Silver Dragon's Avatar
 Silver Dragon 
Cincinnati Ohio
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The Small Exchange launched a new product in December for the 10 year treasury yield.

Robert

Desc:
Small 10YR US Treasury Yield simplifies variables in interest rates into a single, succinct yield so that you can skip the calculations that translate yield to price.

S10Y Overview

Composition of Index

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  #33 (permalink)
 
Silver Dragon's Avatar
 Silver Dragon 
Cincinnati Ohio
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I have been trading the small exchange for several months now and have found it to my liking. The overarching reason is because it allows me to hold a futures contract for a extended period of time (days) while reducing the risk of blowing up my account.

To put into context:
the SM75 which closely follows the Russel 2000 closed today 62.88. If the price were to go to zero the most you could lose is $6288.00. If the Russel 2K micro were to go to zero the most you can loss would be $98,200. (based on todays close). While the Micros are great products you can still end up blowing up your account in very short amount of time.

I would recommend any beginner trader to consider trading these products. Its a good way to learn trading while reducing overall risk and allowing you to have skin in the game for longer than 5 minutes at a time

Below is my results for 2020. Nearly every one of these trades I held for multiple days.

Robert

disclosure: I signed up to the Small Exchange when they first opened. As a result I receive reduced commissions for life.


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  #34 (permalink)
philwmich
Battle Creek MI USA
 
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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.

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  #35 (permalink)
 
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 Big Mike 
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Hi guys,

It is my pleasure to welcome Michael Gough @ The Small Exchange for our 408th webinar event, sponsored by DTN, on Thursday, January 14th @ 4:30 PM Eastern US.

I want to thank @DTN IQFeed for making this webinar possible by sponsoring it.

The title for the event is "Introducing The Small Exchange: Markets That Make Sense", and bullet points include:

The Small Exchange is making futures markets more accessible to more people with products that are small, standard, and simple. Stocks are expensive. Traditional futures are complicated. The Smalls are a new kind of product that pair the efficiency of futures with the clarity of stocks. Michael Gough will be guiding you through the Small Exchange offering and introducing its newest product - Small Treasury Yield - the first product to allow interest rate trading in yield instead of price.

- Access the exclusive efficiency of futures with products designed for the everyday investor.
- The Small Exchange offers small, standard and simple futures for the everyday investor.
- Pair the capital efficiency of futures with the clarity of stocks.
- The Small Exchange offers commodity, foreign exchange and equity index futures 10% the size of other futures.
- Futures contracts can be more capital-efficient than stocks, but their complex design and large size have kept investors from adopting them for speculative and risk management needs. The Smalls offer the best of both worlds with products that are small, standard, and simple.



Register for this event:
https://on.nexusfi.com/gjn0y

Mike

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  #36 (permalink)
 
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 SMCJB 
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Big Mike View Post
making futures markets more accessible

They are not more accessible if most brokers don't clear them and most software doesn't let you trade them. They are in fact 'niche'.

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  #37 (permalink)
 
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 Big Mike 
Manta, Ecuador
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That was their marketing text.

I like their product. More brokers signing up. Gotta start somewhere. We will see if they make it long term.
SMCJB View Post
They are not more accessible if most brokers don't clear them and most software doesn't let you trade them. They are in fact 'niche'.

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  #38 (permalink)
 
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 SMCJB 
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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?

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  #39 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Swing Trader
 
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Valid, I hope you attend the webinar and ask them.

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?

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  #40 (permalink)
 
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 SMCJB 
Houston TX
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I tend to watch the recordings.

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Last Updated on December 29, 2022


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