Closing Your Position After establishing a futures position, the primary decision you will make is when to close the position. To close an open position, you can take the opposite position in the same futures contract you are currently holding in your account. For example, to close an open long position in the March 2018 […]
What you need to know: -Stocks are rebounding after historic losses. -The Trump administration is struggling to speed up testing. -Many states are closing all schools. -Canadian Prime Minister Justin Trudeau is in isolation. Stock futures rebound & hit circuit breakers before market opens Stocks bounced on Friday morning from their worst day in more […]
What you need to know: -Stocks are struggling to recover from Monday’s plunge. -Bank executives are headed to the White House. -Trump is slated to pitch the Senate on a payroll tax cut. -Saudi Arabia fired a new shot in the oil war with Russia. Stocks struggle to recover from Monday’s plunge. Shares on Wall […]
Placing A Futures Order Futures orders are placed by using a broker’s trade execution platform. Using the broker of your choice, a trader will place orders using that platform. Traders rely on software provided by their broker to place orders. While all software allows traders to place orders for futures contracts, each broker’s software […]
Futures Order Types Orders for futures contracts can be submitted to an exchange with different conditions specified. The conditions are referred to as order types. These conditions allow traders to create orders that meet the criteria they set for the trade, and to define how, and at what, price the orders will be filled. There […]
What Happens After Submitting An Order As a trader, when you click to enter an order, there are many processes that occur to have your order actualized before being filled and showing up in your account. Once you click submit to enter an order, the order will move through a process of vetting. The order […]
Getting Started with Your Broker The futures exchange is where futures orders are received, and buy and sell orders are matched, to create “the market.” Futures exchanges have the objective to provide fast and accurate order execution, and to maintain an orderly market. Brokerages play an important role in the futures markets, as they are […]
Managing Micro E-Mini Futures Expiration Every futures contract has an expiration date. CME Group’s Micro E-mini futures contracts expire on a quarterly basis, settling to the official opening level of their respective index on the third Friday of March, June, September and December. Prior to expiration, a futures trader has three options: Offset the position […]
Hedging with the Micro E-Mini Futures A trader purchased an out-of-the-money, E-mini S&P 500 call option. As you know, the underlying future for this option is the E-mini S&P 500 futures contract (ES). The ES futures contract has a multiplier of $50. Whereas, the Micro E-mini futures contract (MES) has a $5 multiplier – making […]
This course will provide insight into the Micro E-Mini futures, including a size comparison to classic E-Mini contracts, a look at enhanced exposure and the benefits Micro E-mini futures can offer you. Micro E-Mini contracts enable you to more precisely hedge index exposure and manage your positions with more versatility, since Micro E-Mini futures are […]
