hhi.hk and hsi...

[illiquid]

Quote from scriabinop23:

hsi jan07 is what you want.
very liquid. many thousands of contracts per day. you must be trading the later month.

No wonder, thanks. I should have been able to figure that out on kiwi's pic. They shift each month then?

 

[dcraig]

Quote from illiquid:

No wonder, thanks. They shift each month then?

Yes.

 

[kiwi_trader]

If you want HSI data ... with a few foibles in my collection ... back to 04 ... here it is.

http://download.yousendit.com/F834FD6B02E9F740

Note that some of the earlier contracts are splices of multiple contracts (rolled with no price adjustment).

 

[Willleung]

Quote from t_ibby:

What is the margin requirements for hsi and hhi.hk? I can't find this info on IB website.

around $60k HKD for HSI, used to be $38k for the HHI, I think it should be higher now..

 

[Willleung]

Quote from kiwi_trader:

If you want HSI data ... with a few foibles in my collection ... back to 04 ... here it is.

http://download.yousendit.com/F834FD6B02E9F740

Note that some of the earlier contracts are splices of multiple contracts (rolled with no price adjustment).

Kiwi,

Any issues with the internet since the earthquake?

 

[Willleung]

Margin Requirements,

HSI $60275 HKD

Mini-HSI $12055 HKD

HHI $46670 HKD



Mini only have 20% volume of the HSI, go with the standard one..

Bid ask spread is around 2~3 points.

I wouldn't start worrying unless my size is 20+

 

[scriabinop23]

Quote from Willleung:

Margin Requirements,

HSI $60275 HKD

Mini-HSI $12055 HKD

HHI $46670 HKD



Mini only have 20% volume of the HSI, go with the standard one..

Bid ask spread is around 2~3 points.

I wouldn't start worrying unless my size is 20+

I think its easier to trade the HSI outright now that volatility has come down a bit (haven't seen too many 100pt+ moves intraday lately). Its harder to scale in and out when you get a surprise move like that when you're playing with size; thats why something like the MHI would be perfect.

I've been having an easier time swing trading the HSI lately for precisely this reason. Its a lot of leverage to throw around.

 

[Willleung]

Quote from scriabinop23:

I think its easier to trade the HSI outright now that volatility has come down a bit (haven't seen too many 100pt+ moves intraday lately). Its harder to scale in and out when you get a surprise move like that when you're playing with size; thats why something like the MHI would be perfect.

I've been having an easier time swing trading the HSI lately for precisely this reason. Its a lot of leverage to throw around.

I agree that we are not seeing mudslice as often as, let's say 2 months before.

Are you seeing intraday ranges under 200 pts, and that's a dull market (from my experience).

 

[scriabinop23]

Quote from scriabinop23:

these are making the perfect long swing trades right now...

another 1000 points up on each of these indexes doesn't look unrealistic on the near term.

they are a bit of leverage tho -- 1 HSI = $125k US, and 1 HHI.HK = $60k US. HHI.HK moves just as much if not more than HSI in one day, though. (today up 4%)

By the way, just looked at this message ... not a bad call on my part. on the 19th, HSI peaked 19180. Jan 3rd was 20554. Almost 1400 pts. Likewise the H-shares HHI.HK had a similar move, but double percentage wise as portion of the index.

I expect a little more consolidation period; and another leg up off to the races coming in the next few weeks... 3 month target: 21500-22000 on HSI. Then a big macro event for a giant correction down to 18k.

 

[Trader KGB]

If you're trading a foreign-denominated futures contract (HSI for ex.) through IB with a USD account, are the fx conversions for commissions handled in Ideal at the time of trade? Or do you need to have converted currency prior to placing a trade?

Same question for margin, will you need the full margin amount in converted currency? Or is holding the USD equivalent of the margin requirement sufficient?