trying to shift from CFD to futures

B

biduece

Hi
I am trying to move from CFD to futures, was checking on CME , is there a daily halt of 1 hr at 10PM UK time and then can't enter a trade at 10PM UK time for futures? These are for all forex majors looks like.
can anyone let me know please?
 
trend2009 said:
what is the difference of trading cfd from its base instrument directly if holding period is just a few minutes?
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sorry I didn't get it, could you please elaborate little more? as i trade from day chart, my holding period is longer than few minutes.
 
Futures are halted for one hour, from 17:00 ET -- 18:00 ET. And you need to liquidate your holdings if your position is above maintenance margin.
If you position trade currency, then I see forex is better. If you daytrade currency, I see futures are better.
 
biduece said:
Hi
I am trying to move from CFD to futures, was checking on CME , is there a daily halt of 1 hr at 10PM UK time and then can't enter a trade at 10PM UK time for futures? These are for all forex majors looks like.
can anyone let me know please?
More...

Correct.
4-5 PM central U.S. time = 10-11 PM UK time (FX futures closed to trading)
cme.fx.png
 
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Bum said:
Correct.
4-5 PM central U.S. time = 10-11 PM UK time (FX futures closed to trading)
View attachment 211067
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It shows that the tick value for the JPY/USD is $112.50. it's $6.25.
 
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