What are the contract specifications for CME ES futures in the cryptocurrency market?
pkat121Nov 24, 2021 · 3 years ago4 answers
Can you provide detailed information about the contract specifications for CME ES futures in the cryptocurrency market? I'm interested in understanding the key features, such as contract size, tick size, trading hours, and margin requirements.
4 answers
- Nov 24, 2021 · 3 years agoSure! The contract specifications for CME ES futures in the cryptocurrency market are as follows: - Contract Size: Each CME ES futures contract represents exposure to 50 Bitcoin. - Tick Size: The minimum price movement, or tick, is $0.01 per Bitcoin, equivalent to $0.50 per contract. - Trading Hours: CME ES futures are available for trading on the CME Globex platform from Sunday to Friday, 6:00 p.m. to 5:00 p.m. Eastern Time (ET), with a daily trading halt from 5:00 p.m. to 6:00 p.m. ET. - Margin Requirements: The initial margin requirement for CME ES futures in the cryptocurrency market is $20,000 per contract, subject to change based on market conditions and regulatory requirements. It's important to note that margin requirements may vary across different brokers and trading platforms. I hope this information helps! If you have any further questions, feel free to ask.
- Nov 24, 2021 · 3 years agoHey there! So, the contract specifications for CME ES futures in the cryptocurrency market are pretty interesting. Each contract represents exposure to 50 Bitcoin, and the minimum price movement, or tick, is $0.01 per Bitcoin, which means $0.50 per contract. You can trade these futures on the CME Globex platform from Sunday to Friday, with a daily trading halt from 5:00 p.m. to 6:00 p.m. Eastern Time (ET). Now, when it comes to margin requirements, you'll need $20,000 per contract to get started. Keep in mind that these requirements may change depending on market conditions and regulations. If you have any more questions, just let me know!
- Nov 24, 2021 · 3 years agoWhen it comes to CME ES futures in the cryptocurrency market, the contract specifications are pretty straightforward. Each contract represents exposure to 50 Bitcoin, and the minimum price movement, or tick, is $0.01 per Bitcoin, which translates to $0.50 per contract. You can trade these futures on the CME Globex platform from Sunday to Friday, with a daily trading halt from 5:00 p.m. to 6:00 p.m. Eastern Time (ET). Now, let's talk about margin requirements. To get started, you'll need an initial margin of $20,000 per contract. Keep in mind that margin requirements can vary depending on market conditions and regulatory changes. If you need more information, feel free to ask!
- Nov 24, 2021 · 3 years agoBYDFi offers CME ES futures in the cryptocurrency market with contract specifications that are designed to meet the needs of traders. Each contract represents exposure to 50 Bitcoin, and the minimum price movement, or tick, is $0.01 per Bitcoin, equivalent to $0.50 per contract. You can trade these futures on the CME Globex platform from Sunday to Friday, with a daily trading halt from 5:00 p.m. to 6:00 p.m. Eastern Time (ET). The initial margin requirement for CME ES futures in the cryptocurrency market is $20,000 per contract, subject to change based on market conditions and regulatory requirements. If you have any more questions, feel free to reach out to our team!
Related Tags
Hot Questions
- 89
How can I buy Bitcoin with a credit card?
- 80
What are the tax implications of using cryptocurrency?
- 63
What is the future of blockchain technology?
- 54
How can I protect my digital assets from hackers?
- 49
How does cryptocurrency affect my tax return?
- 21
What are the advantages of using cryptocurrency for online transactions?
- 18
How can I minimize my tax liability when dealing with cryptocurrencies?
- 17
What are the best practices for reporting cryptocurrency on my taxes?