E-mini and E-micro S&P CNX Nifty 50 Index

M

md2324

So I think I understand what these contracts are about, but I still want to make sure.

I was on AmpFutures last night and saw these two Available Indexes to trade, and I " Thought " these were just ( Minier ) versions of the already E-mini S&P S&P contract, ( the ES ) .

But apparently , these are Indexes based on the Markets in India correct ?
And these have NOTHING to do with the US markets ?

Just want to make sure, as I had thought I stumbled across an even ( Minier ) version of the ES , that would now allow me to position size trade the ES better ... I can dream can't I lol
 
md2324 said:
So I think I understand what these contracts are about, but I still want to make sure.

I was on AmpFutures last night and saw these two Available Indexes to trade, and I " Thought " these were just ( Minier ) versions of the already E-mini S&P S&P contract, ( the ES ) .

But apparently , these are Indexes based on the Markets in India correct ?
And these have NOTHING to do with the US markets ?

Just want to make sure, as I had thought I stumbled across an even ( Minier ) version of the ES , that would now allow me to position size trade the ES better ... I can dream can't I lol
More...
the best way to create a micro ES is to spread it against YM, you can put it on for peanuts, there is info on the CME website, Figure what an ES is worth and subtract the value of YM and that is how much a 1:1 spread is worth
 
Hi ETcallhome ,
Thank you for mentioning this

So this is essentially " Spread Trading " ?

I'm not very familiar with it, but I have heard of it

If you have the time, could you give an Example using the ES / YM on how this type of " Spread " trading works ?

And when you do this , can you Alter it, in such a way that you can essentially make the PER tick movement of the ES be worth ... $1 . $3, $5 ( Based on how you " Spread " it ?

And lastly please ..... Can you do this in All of the Futures Markets , Gold, Crude Oil , Wheat , The Bonds and Notes ?

And if so .... How do you find out ..... 1. Which to Markets to spread against one another ?
2. How much it will cost you to put on this type of Spread trade ?

Is the Margin Required to do this fairly high ?
And does Spreading a trade in this was , allow for Cheaper Overnight Margin requirement , if you wanted to Swing trade a position and stay in that trade for Days and even Weeks at a time ?

Thank you again, Really appreciate all of your help
 
no it's not point for point, check out some of the long term charts, they can stay above or below without ever reverting for a long time. YM you have more specific stock risk. Your question was about trading even smaller than one ES. If you are holding long term looking for a mega move I would just put on a few SPY. 10 shares of SPY would be a micro ES.
 
Yeah, I have heard that by trading the ETF versions of various Futures Markets, that you can Position Size within that Futures market to an Extent

Using your example of ....10 shares of SPY would be a micro ES.
What would this represent , as far as a Tick value of the ES , if I purchased 10 Shares of SPY ?

And What about Crude Oil ..... To be say Long Crude Oil , but using a ETF instead, we would buy shares in the USO ... correct ?

SLV ETF for Silver?
UNG for Natural Gas ?
DIA for the YM ? etc..

Thanks again for your help
 
md2324 said:
Yeah, I have heard that by trading the ETF versions of various Futures Markets, that you can Position Size within that Futures market to an Extent

Using your example of ....10 shares of SPY would be a micro ES.
What would this represent , as far as a Tick value of the ES , if I purchased 10 Shares of SPY ?

And What about Crude Oil ..... To be say Long Crude Oil , but using a ETF instead, we would buy shares in the USO ... correct ?

SLV ETF for Silver?
UNG for Natural Gas ?
DIA for the YM ? etc..

Thanks again for your help
More...
DIA for YM yes, but not UNG or USO, but SLV or GLD is ok. DIA, SLV, GLD own the cash market, USO and UNG own the futures market. The price you pay for trading small is the need to hold on a long time. UNG and USO will kill a small trader waiting in the rollout costs.

I personally would not invest in etf whose underlying is a futures contract. For instance, an etf which simply goes long ES and rolls out.
 
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Very Interesting, I didn't know this about ......USO and UNG owning the furures market.

May I ask you ,
Is there any way to Spread trade the Grains , Softs and or Financials ?

I have looked through every ETF that is related to the Futures markets , and finding any ETF that mimics say Corn, Soybeans or Wheat seems to be very Ill-Liquid and not much Volume

Same goes for Softs such as Cocoa, Sugar, Orange Juice, etc.
The ETFs associated with these markets just seems untradeable ?
And trading the Options on any ETF aside from .... USO, UNG, and a few others , there is just no Open Interest or Volume on the Option ..... I have been trying to find a way to get into the Future's Markets as a way to Swing trade them ( without having to deal with the Overnight Margin that is associated with holding positions overnight on the outright Futures

TLT for the Bonds is quite liquid and has good volume .... But that only takes care of the 20 - 30 year ..... What about the 10, 5 and 2 year ?
 
md2324 said:
Very Interesting, I didn't know this about ......USO and UNG owning the furures market.

May I ask you ,
Is there any way to Spread trade the Grains , Softs and or Financials ?

I have looked through every ETF that is related to the Futures markets , and finding any ETF that mimics say Corn, Soybeans or Wheat seems to be very Ill-Liquid and not much Volume

Same goes for Softs such as Cocoa, Sugar, Orange Juice, etc.
The ETFs associated with these markets just seems untradeable ?
And trading the Options on any ETF aside from .... USO, UNG, and a few others , there is just no Open Interest or Volume on the Option ..... I have been trying to find a way to get into the Future's Markets as a way to Swing trade them ( without having to deal with the Overnight Margin that is associated with holding positions overnight on the outright Futures

TLT for the Bonds is quite liquid and has good volume .... But that only takes care of the 20 - 30 year ..... What about the 10, 5 and 2 year ?
More...
TLT also owns bonds in the cash market, it is a convenient way to get long bonds short rates.

Everybody spreads grains. Sometimes new crop vs old crop or sometimes corn against wheat for cattle feed. Most trade July wheat, NOV beans and DEC corn. all three of those contracts are always liquid. Calendar spreads against them are liquid if you are trading the front month on one side.

It sounds like you are just looking for a way to bet without commiting to a full futures contract. I know of no way to trade beans or grains or crude without using futures. But many of the other vehicles you mentioned can be traded in the cash market as small as you want.

If you want to day trade futures with very little money then the futures spreads can get you in.
 
This is very Interesting to know, Thank you for mentioning and sharing it ... " Most trade July wheat, NOV beans and DEC corn. all three of those contracts are always liquid. "

Since these are the Months that are most active for the forementioned Grains ..... I wonder if the Options with these Expiration Months are Liquid as well

Are there also particular Months during the year that Cattle and Hogs are the most Liquid " Per Contact " ?
What about Sugar, Cocoa and Orange Juice ?

Is there a website that you look at for this Information .... That shows the Volume and Open Interest 1 year out for all of the Future Markets Traded Months ?

Thanks again,
Really great information here ... Appreciate you sharing
 
cme website or ICE. Activity is associated with harvest. New crop is still in the ground or has not yet been planted so very uncerain hence the need for futures to hedge.
 
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