How do the contract specifications for micro e-mini S&P 500 futures differ in the cryptocurrency industry?
paramesh parameshNov 24, 2021 · 3 years ago3 answers
What are the differences in contract specifications between micro e-mini S&P 500 futures and cryptocurrency futures in the digital asset industry?
3 answers
- Nov 24, 2021 · 3 years agoMicro e-mini S&P 500 futures and cryptocurrency futures have different contract specifications in terms of underlying assets, contract size, tick size, and settlement. Micro e-mini S&P 500 futures are based on the S&P 500 index, while cryptocurrency futures are based on digital currencies like Bitcoin or Ethereum. The contract size for micro e-mini S&P 500 futures is smaller compared to cryptocurrency futures. Tick size, which represents the minimum price movement, may also differ between the two. Settlement methods can also vary, with micro e-mini S&P 500 futures settled in cash and cryptocurrency futures settled in digital assets.
- Nov 24, 2021 · 3 years agoWhen it comes to contract specifications, micro e-mini S&P 500 futures and cryptocurrency futures are like apples and oranges. While micro e-mini S&P 500 futures are tied to a traditional stock market index, cryptocurrency futures are linked to the volatile world of digital currencies. The contract sizes, tick sizes, and settlement methods are tailored to the specific characteristics of each market. So, if you're interested in trading micro e-mini S&P 500 futures, you'll need to familiarize yourself with the contract specifications unique to that market. On the other hand, if you want to dive into cryptocurrency futures, be prepared for a different set of rules and specifications.
- Nov 24, 2021 · 3 years agoIn the cryptocurrency industry, contract specifications for micro e-mini S&P 500 futures may differ from other futures contracts. However, at BYDFi, we focus solely on digital asset trading and do not offer micro e-mini S&P 500 futures. Our platform provides a wide range of cryptocurrency futures with their own unique contract specifications. If you're interested in trading cryptocurrency futures, our platform offers competitive contract sizes, tick sizes, and settlement methods designed specifically for the digital asset industry.
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