New micro futures contracts on DAX®, EURO STOXX® 50 and SMI®

MAXDEAN · Mar 24, 2021

Eurex introduces its first micro futures on benchmark indices

Finally they do that....

https://www.xetra.com/xetra-en/news...st-micro-futures-on-benchmark-indices-2584346

Millionaire · Mar 24, 2021

Be careful what you wish for, have they said what the fees will be?

MAXDEAN · Mar 24, 2021

Millionaire said:
Be careful what you wish for, have they said what the fees will be?

No.
For me it's important to make swing trades with a low risk, with relative large stops
And this will be an amazing instrument to do it

MAXDEAN · Mar 24, 2021

More details

https://www.eurex.com/ex-en/find/circulars/circular-2575558

maxinger · Mar 24, 2021

MARGIN REQUIREMENT
dax - 45k euro
mini dax - 9K euro
micro dax - ?
btc - $135k

It makes sense to have micro dax.

time for CME to introduce nano btc.

MAXDEAN · Apr 18, 2021

MICRO DAX 0.58€ Round Turn all in with CQG or Rithmic Order routing

Great deal from AMP futures!

https://portal.ampclearing.com/account/commissionquote.aspx

If the day trade margin is $500 for 1 MiniDax, 1 MicroDax would be $100
Very interesting

steve2222 · Apr 18, 2021

MAXDEAN said:
MICRO DAX 0.58€ Round Turn all in with CQG or Rithmic Order routing

Great deal from AMP futures!

https://portal.ampclearing.com/account/commissionquote.aspx

If the day trade margin is $500 for 1 MiniDax, 1 MicroDax would be $100
Very interesting

AMP are quoting only a US$50 day trade margin:

https://www.ampfutures.com/trading-info/margins/

I am surprised, as like you I thought proportionally it would be US$100.

Millionaire · Apr 18, 2021

steve2222 said:
I am surprised, as like you I thought proportionally it would be US$100.

It could be a mistake on AMPs part, perhaps they think its 1/10th of the size, where as it is actually 1/5th.

However at $50 margin the day trade leverage is 300:1 which is still a lot lower than ES where the day trading leverage is 500:1.

Overnight · Apr 18, 2021

I haven't looked at their margin breakdown list in quite a while, but notice they have removed day-trading discounts on grains, softs and meats. Wonder what happened that caused them to do that.