U.S. Futures Exchange offers the mini$ DAX®, a U.S. dollar (USD)-denominated mini-sized futures contract on the leading German stock market index.
The German stock market is one of the most efficient markets in the world. Germany’s prime equity index, DAX® is composed of the 30 largest and most actively traded German stocks, and is considered the country’s premier stock market index. Companies such as Daimler, BMW, Deutsche Bank and Siemens are constituents of DAX®.
The USFE mini$ DAX® has a tick size of 1.0 index points with a $10 multiplier. The contract trades primarily during European and U.S. hours and expires on a quarterly basis to the corresponding value of Deutsche Börse’s DAX®.
* USFE’s mini-sized USD-denominated index future offers new transatlantic trading opportunities with Eurex's euro-denominated DAX® derivatives.
* The mini$ DAX® is highly correlated to many European economies, allowing for speculative trades based on these markets.
* The mini$ DAX® future attracts retail customers and individual traders due to its small contract value.
* The contract has a favorable margin rate (approximately $4,000) due to the small contract size.
* The USD P&L provides for a reduction of currency risk exposure.
* The USFE mini$ DAX® future is the first-ever futures product to utilize the innovative "maker-taker" pricing model.
* The primary reference markets, DAX® and Eurex DAX® future, are available from 1:00 a.m. - 3:05 p.m. Chicago time.
Produktmerkmale des Minis:
ISIN:US91201E6831
Underlying: DAX®
Quotation: Index Points
Contract Size: $10 per index point
Minimum Tick Size: 1.0
Minimum Calendar Spread Tick Size: 0.2
Outright Tick Value: $10
Minimum Size for Block Trade: 250 contracts
Mistrade Parameters: 50 ticks
Reportable Positions: 200 contracts
Position Limits/Accountability: Accountability at 25,000 contracts
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Produktmerkmale des Minis:
ISIN:US91201E6831
Underlying: DAX®
Quotation: Index Points
Contract Size: $10 per index point
Minimum Tick Size: 1.0
Minimum Calendar Spread Tick Size: 0.2
Outright Tick Value: $10
Minimum Size for Block Trade: 250 contracts
Mistrade Parameters: 50 ticks
Reportable Positions: 200 contracts
Position Limits/Accountability: Accountability at 25,000 contracts
Screen Price: 99999.8
Settlement: Cash settled.
http://usfe.com/products-ei-dax.html
dax_sellsheet.pdf
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Titel Original: US Futures Exchange - mini$ DAX® Future - FDDX kommt
Bearbeitet von whipsaw
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