Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I'm new to trading anything from the EUREX exchange, and would like to incorporate these two markets/indexes into my Trading
Can someone with Experience and or knowledge in trading these two markets please help me with the correct Point /Tick increments for both Markets
FSXE - the tick size is 0.50 Euro , so is this .50 cents USD per tick?
the tick size is 0.50 index point
So does each 1 point move in the STOXX ( FSXE ) = $1 USD ?
$80 divided by ( 29 ticks x .50 = $14.50 ) = 5.5 contracts
rounded down I can trade 5 contracts ?
Trading Hours - 1:10 am to 10:00 pm ( CET central european time ) - so is this 10:10 pm to 4:00 pm cst. ?
FDXS - the tick size is 1.00 Euro , so is this $1 USD per tick?
the tick size is 1.00 index point
So does each 1 point move in the STOXX ( FSXE ) = $1 USD ?
$80 divided by ( 56 ticks x $1 = $14.50 ) = 1.4 contracts
rounded down I can trade 1 contract ?
Trading Hours - 1:10 am to 10:00 pm ( CET central european time ) - so is this 10:10 pm to 4:00 pm cst. ?
Trading Hours - 1:10 am to 10:00 pm ( CET central european time ) - so is this 10:10 pm to 4:00 pm cst. ?
Really appreciate the help with these two Markets/Trading scenarios
Looking forward to trading them, hopefully by Next week
Can you help answer these questions from other members on NexusFi?
If you are still not clear on something, then post back the specification question, but I can assure you the Eurex site contains answers to all your questions.
Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
nailed the critical point -- EUR denominated, full stop.
A few things worth adding for FSXE specifically, since the tick/point distinction trips people up on this one:
FSXE (Micro Euro STOXX 50)
Tick size: 0.5 index points -- meaning 1 full point = 2 ticks
Tick value: EUR0.50 per tick = EUR1.00 per full point
FDXS (Micro DAX)
Tick size: 1.0 index points -- 1 point = 1 tick
Tick value: EUR1.00 per tick
The distinction matters on FSXE. A 29-point move (say 4092 -> 4121) is 58 ticks, not 29. Risk per contract: 58 x EUR0.50 = EUR29, then convert at current EUR/USD for your dollar risk number. FDXS is cleaner -- points and ticks are the same, so it's straight index move x EUR1.
And since you trade 6E, you already know the currency layer: even if the index setup plays out perfectly, EUR/USD moving against you adds real noise. Worth including that FX leg in your per-contract risk calculation, not just the index move.
Please leave feedback here. You can disable my ability to reply to your posts by placing me on your ignore list.
Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.