6 replies to this topic

[Darris]

Micro E-mini options

Micro-sized options, major equity benchmarks.  Coming August 31, 2020*

Options on Micro E-mini S&P 500 Futures

Options on Micro E-mini Nasdaq-100 Futures

 

Note: I have not seen any reporting of these new mini's in the COT reports.

 

[CHAx]

They need to reduce the transaction costs on the micro-minis if they want those things to last and draw in new traders.  Crazy expensive, bad for business long term.

Edited by CHAx, 29 July 2020 - 11:01 AM.

[traderx]

• Traders-Talk User
• 1,250 posts

Posted Today, 12:01 PM

They need to reduce the transaction costs on the micro-minis if they want those things to last and draw in new traders.  Crazy expensive, bad for business long term.

Edited by CHAx, Today, 12:01 PM.

[Darris]

At Interactive Brokers, I think, the MES trades for $0.47 per side, and the ES trades for $2.08 per side.  May be different for others based on their monthly trading volume.  That implies equal leverage is $4.70 on 10 MES, and $2.08 on ES.  You are correct if trading at TDAmeritrade, as I think MES is $2.47 per side, and ES is $7.00 per side.  That implies $25 vs $7 which is crazy for sure.  There may be a plan at TradeStation that offers some free futures trading but I thought that was only for ES, so not sure if the new MES was included, but you have to trade a lot to get that pricing.

[.Blizzard]

I pay 0,37 per side CQG included with AMP

 

AMP futures is also a FCM and they don't charge commissions

Loving the combination Sierra Chart CQG

 

https://portal.ampcl...ssionquote.aspx

[.Blizzard]

I pay 0,37 per side CQG included with AMP

 

AMP futures is also a FCM and they don't charge commissions

Loving the combination Sierra Chart CQG

 

https://portal.ampcl...ssionquote.aspx

I have a relatively small account with them, that I use exclusively for daytrading the MNQ with +/- 80/100 round trip a day saving 4/5k  in a year

[OEXCHAOS]

Good stuff!