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 […]
In Q4 2019, CME Group will launch two financially settled Shanghai Gold Futures, denominated in U.S. dollar or Chinese renminbi. Trading the new product will be available on the all-new Ironbeam trading platform. Shanghai Gold Futures will be a joint product offering by the world’s most liquid derivatives and physical gold marketplaces, based on the […]
Everything about CME FC options remains the same, except the time they expire. Expiry is changing from 2PM Chicago to 10AM New York Time on June 9 2019. In 2017, CME Group surveyed participants across the market and around the world. They wanted to determine if aligning their market more closely with the OTC market […]
Memorial Day Holiday Trading Hours The Memorial Day holiday is observed by the CME Group. See below for their Memorial Day Holiday Schedule: May 26, 2019 – May 28, 2019. Product Sunday Open Monday Halt Monday Open (Into Tues.) Equity Regular 1200 CT Regular Bitcoin Regular 1200 CT Regular Interest Rate Regular 1200 CT Regular […]
Micro E-Mini S&P 500 Hourly Chart Since Launch This chart is provided by the Ironbeam trading platform. CME’s Successful Product Debut Trading on the all-new Micro E-Mini futures contracts launched last week, with almost 2 million contracts traded in the first five days. Concerns about liquidity and cannibalization of trading volume on the larger contracts […]
