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Do currency futures have any impact on its forex pair?
New to futures and forex. I noticed that the currency future & forex charts are very similar. I 'm wondering if I buy a lot of contracts to increase a currency future volume, will I see it effecting its forex pair?
Can you help answer these questions from other members on NexusFi?
In theory, yes, but you would need lots of buying power. There would be no need for you to purchase any fx pairs because the Futures themselves would move higher. However, on the legal side as a speculator, there are positions limits that you would need to report to the CFTC. This is meant to avoid manipulation.
In practical terms, this is not a viable option because retail does not have enough funds to move a market that has a 5 Trillion daily vol.
Thanks,
Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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