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Futures Trading
SpeedTrader.com Gives you the
tools you need to trade electronic futures...
as low as
$1
per contract per side*
- DASTrader, a leading direct-access trading system.
- Access to Index, Interest Rate and Currency Futures
- Ability to trade stocks, options, and futures
with ONE platform in ONE single account.
- $5,000 minimum to open a futures-only account.
Futures Exchanges
Futures Symbols Guide
The Dow Jones Industrial Average (and mini-sized
Dow) trade on the Chicago Board Of Trade.
Futures symbols require CME feed at $65/month (includes
e-mini feed).
Bond Futures require CBOT feed at $30/month.
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DASTrader Symbol
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E-mini Future
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Exchange
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#ESH8
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S&P 500
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CME
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#NQH8
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Nasdaq 100
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CME
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#ABH8
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Russell 2000
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CME
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#YMH8
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Dow Jones Industrial
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CBOT
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To find a futures symbol take 1) commodity root 2)
letter for month 3) last digit for year:
e.g. Nasdaq 100 March 2008 = #NQH8
e.g. S&P 500 March 2009 = #ESH8
1)
| Commodity Roots |
Name |
| #ES |
E-Mini S&P 500 |
| #NQ |
E-Mini Nasdaq 100 |
| #YM |
E-Mini Dow Jones |
| #AB |
E-Mini Russell 2000
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2)
Futures
| Month |
Letter |
| March |
H |
| June |
M |
| Sept. |
U |
| Dec. |
Z |
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3)
| Year |
Number |
| 2008 |
8 |
| 2009 |
9 |
Note: Each
contract expires on the Wednesday before the third
Thursday of the indicated month.
Futures trading hours through our software are from
12:15am to 7:45pm EST.
The CME futures exchange closes at 4:15pm EST and
then reopens at 4:30pm EST, which begins the next
day's trading session.
* Plus exchange and regulatory fees. Please review
our Commissions
page for details.
* There is a maximum
position limit of 200 contracts at anytime per
account, which may vary by account or change without
notice. Futures margin rates will also vary and may be
changed at anytime. Futures positions may be covered
at anytime to meet margin requirements, including
overnight margin requirements.
* CME lists the outright margin requirements on the
CME website.
* We reserve the right to increase margin requirements past the
guidelines set by the exchange. These increased requirements can change at
anytime.
For more information
Call 1-800-874-3039 or
Contact Us
An investment in futures contracts
is speculative, involves a high degree of risk and
is suitable only for persons who can assume the risk
of loss in excess of their margin deposits. The high
degree of leverage that is often obtainable in futures
trading can work against you as well as for you and,
as a result, can lead to large losses as well as gains.
If you purchase or sell a futures contract, you may
sustain a total loss of your initial margin funds
and any additional funds that you may deposit to establish
or maintain your position. If the market moves against
your position, you may be called upon to deposit a
substantial amount of additional margin funds, on
short notice, in order to maintain your position.
If you do not provide the requested funds within the
prescribed time, your position may be liquidated at
a loss, and you will be liable for any resulting deficit
in your account. Under certain market conditions,
you may find it difficult or impossible to liquidate
a position. You should carefully consider whether
futures trading is appropriate for you in light of
your investment experience and objectives, financial
resources and other relevant circumstances.
For further information about the
risks of futures trading, please read:
Futures
Risk Disclosure Statement
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