What Are Micro Ethereum Futures?
Micro Ethereum Futures (MET) are futures contracts based on the price of Ethereum, the second-largest cryptocurrency by market capitalization. These contracts allow traders and investors to hedge or speculate on Ethereum’s price movements without directly holding the digital asset. Micro Ethereum Futures offer a smaller contract size than standard Ethereum Futures, making it easier for traders to manage risk and exposure.
Contract Size
- Contract Size: 0.1 Ethereum.
Trading Hours
The Micro Ethereum Futures contract trades nearly 24 hours a day, seven days a week, providing continuous access to the cryptocurrency markets.
- Sunday to Friday: 5:00 PM to 4:00 PM CT (with a 1-hour daily trading halt from 4:00 PM to 5:00 PM CT).
- Time Zone: Central Time (CT).
Tick Value and Increment
- Tick Size: $0.01 per Ethereum.
- Tick Value: $0.10 per tick.
- Minimum Price Fluctuation: $0.01 per Ethereum.
This makes Micro Ethereum Futures an excellent choice for traders seeking smaller contract sizes while still gaining exposure to the cryptocurrency market.
Trading Symbol
- Platform Symbol: MET
Margins
To trade Micro Ethereum Futures, you’ll need to meet specific margin requirements. Check out Ironbeam’s Margins Page for the latest margin rates and details.
Why Trade Micro Ethereum Futures?
- Liquidity: Micro Ethereum Futures offer high liquidity and tight spreads for efficient execution.
- Hedging Opportunities: Micro Ethereum Futures provide a way to hedge against Ethereum price fluctuations without holding the underlying asset.
- Access to Cryptocurrency Market: Trade Ethereum without the need for direct ownership or custody of the cryptocurrency.
- Diversification: Add exposure to the cryptocurrency market to complement equity, commodity, or forex investments.
- Price Discovery: Futures markets provide an effective mechanism for determining the fair price of Ethereum.
Start Trading MET with Ironbeam
Ironbeam provides a robust trading platform and API to help you access Micro Ethereum Futures with ease. Trade confidently with free real-time Level 2 market data and personal broker support.
DISCLAIMER: There is a substantial risk of loss in trading commodity futures and options products. Losses in excess of your initial investment may occur. Past performance is not necessarily indicative of future results. Please contact your account representative with concerns or questions.