Is anyone trading the Nikkei 225 Mini?
- Thread starter Schaefer
- Start date
Quote from osorico:
Hi Schaefer;
I feel the same. The NK-mini is the appropriate instrument for me too!
I researched this about 6 months ago. At that time, the only US broker offering the instrument was IB. I don't trade through IB so I have no experience trading it however.
Recent, although un-focused info gathering offers nothing new... IB remains the only US brokerage providing access. But there is alot of "chatter" out there regarding the addition of international futures instruments/exchanges. The conventional school seems to be hinged on the CME/CBOT merger which will require various upgrades for clearing. While upgrading, some clearing FCMs will add international offerings which will ultimately make it to lowly retails. Or at least to me, a lowly non-IB retail.
I'll be following this thread for insight provided by others.
Good trading to you.
Osorico
BTW: You may want to look at FESX (DJ Euro Stoxx 50) for overnight hours. More liquidity than ES, a tick increment like YM, reasonable margin (there's even Intraday differential at many firms), and it's widely available.
Just wanted to post this link. It is pertinent to the availability of Asian exchange offerings.
According to the very last line, IB may lose their monopoly by year end.
http://www.openecry.com/special/announcement.cfm
Osorico
Excellent. And it works with Sierra Chart as well.
At the very least it will provide competitive pressure for IB to stay as good as they can.
At the very least it will provide competitive pressure for IB to stay as good as they can.
Quote from Schaefer:
Care to elaborate? I've been watching it for 3 nights already, and I didn't see any problems.
Schaefer
Edit: Then again, I don't have another data feed to compare with
>Schaefer
I didn't mention the current Japan data problem yesterday.
I can compare IB's Japan data with Reuters, eSignal and
all the Japanese brokers. I can say that any time difference
between IB's data and that of the others cannot be
seen with the human eye when all is working as usual.
But as with any broker of data provider there are outages
from time to time. In IB's caseÂ@maybe once every 2 months,
and it is always fixed withinÂ@minutes. However, the current
data delay has been going on for one week . This has never
happened before and there must be very peculiar reasons
for it taking so long to fix. Maybe it's IB's data provider in
Tokyo (or maybe a shark bit the cable!), who knows.
Anyway, as it's not the normal outage/delay situation is why
I didn't mention it.
Quote from osorico:
Just wanted to post this link. It is pertinent to the availability of Asian exchange offerings.
According to the very last line, IB may lose their monopoly by year end.
http://www.openecry.com/special/announcement.cfm
Osorico
But they say they will offer trading on SIMEX. The Nikkei225
traded there is the full sized, not the Mini.
Kiwi,Quote from kiwi_trader:
So IB offers a really nice set of choices ... but don't forget STW and SPI
Do you know why IB (or the SGX) doesn't offer live data on the underlying cash indices ($STW and $SGXNK/Nikkei)? I asked one of the IB reps here on ET, he thought it might be an issue of the SGX simply not offering the data. I like to monitor the cash indices in real time, but can't do this with the $STW or $SGXNK (though I could with the latter if I subscribed to the OSE data).
I'd also like to have the ability to load up a historical chart of the STW index, but IB/SGX doesn't offer the data, and the web charting services don't carry the STW.
Its not full sized ... its part sized. Until the mini came out we regarded the SGX option as the "mini" (see my earlier post).
Re the indexes. A very reliable source tells me that IB offers what the Asian exchanges provide for them (they don't construct any composites) so WYS is What IB got.
Re the indexes. A very reliable source tells me that IB offers what the Asian exchanges provide for them (they don't construct any composites) so WYS is What IB got.