What are the contract specifications for micro e-mini S&P 500 futures in the cryptocurrency market?
Phomanan EamNov 28, 2021 · 3 years ago1 answers
Can you provide detailed information on the contract specifications for micro e-mini S&P 500 futures in the cryptocurrency market? I'm particularly interested in understanding the size, tick value, and margin requirements for trading these futures contracts.
1 answers
- Nov 28, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, offers micro e-mini S&P 500 futures contracts for trading in the cryptocurrency market. These contracts are designed to provide exposure to the performance of the S&P 500 index, allowing cryptocurrency traders to diversify their portfolios. The contract size for micro e-mini S&P 500 futures is one-tenth the size of the standard e-mini S&P 500 futures contract. Each contract represents a smaller portion of the underlying index, making it more accessible for individual traders. The tick value for micro e-mini S&P 500 futures is $1.25 per contract, which means that each one-point move in the index corresponds to a $1.25 change in the value of the futures contract. Margin requirements for trading micro e-mini S&P 500 futures in the cryptocurrency market may vary depending on the specific trading platform you use. It's recommended to consult with your broker or platform provider for the most accurate and up-to-date information on margin requirements.
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