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Trade the NYMEX Light, Sweet Crude Oil e-miNY Future for…

as low as $1.25 per contract per side*

Electronic Trading No Up Tick Rules
Constant liquidity High Leverage

The NYMEX Light, Sweet Crude Oil e-miNY contracts are based on the large sized NYMEX futures contract. However, they offer a much smaller initial and maintenance margin requirement (listed below).

Additional information can be found at the NYMEX website.

 

DASTrader Symbol

E-mini Future

Tick Value

Tick Increment

Initial Margin

Maintenance
Margin

#QMX5

Light, Sweet Crude Oil e-miNY

$12.50

.025

$2,363

$1,750

* Plus Exchange, NFA & Clearing Fees

To find the current Sweet Crude Oil e-miNY Future symbol:
  1. Take the root: /QM
  2. Add the current month code from the table on the right
  3. Add the current year. 5 for 2005

For example, the symbol /QMV5 is for October 2005.

Month Codes

January

F

May

K

September

U

February
G
June
M
October
V
March
H
July
N
November
X
April
J
August
Q
December
Z

Description of NYMEX Light, Sweet Crude Oil e-miNY Futures

The Light Crude e-miNY is a fractional version of the exchange’s full contract, representing 50% of the standard contract. It is equal to 500 barrels of Light, Sweet Crude Oil and is traded on the New York Mercantile Exchange (NYMEX). It ticks in increments of $0.025, with each tick representing a $12.50 move per contract. The current initial requirement is $2,363, while the maintenance requirement (effective once held overnight) is $1,750. Starting with the April contract, the margin requirements will be reduced to $1,688 for the initial requirement and $1,250 for the maintenance. Based on the current initial maintenance requirement, traders may use approximately 10 to 1 leverage at the moment.

 

 

Speedtrader.com allows clients to trade Stocks, Options, E-mini Index Futures, Interest Rate Futures, and Currency Futures through ONE platform in ONE account.

For more information
Call 800-874-3039 or email trading@speedtrader.com  

An investment in futures contracts is speculative, involves a high degree of risk and is suitable only for persons who can assume the risk of loss in excess of their margin deposits. The high degree of leverage that is often obtainable in futures trading can work against you as well as for you and, as a result, can lead to large losses as well as gains. If you purchase or sell a futures contract, you may sustain a total loss of your initial margin funds and any additional funds that you may deposit to establish or maintain your position. If the market moves against your position, you may be called upon to deposit a substantial amount of additional margin funds, on short notice, in order to maintain your position. If you do not provide the requested funds within the prescribed time, your position may be liquidated at a loss, and you will be liable for any resulting deficit in your account. Under certain market conditions, you may find it difficult or impossible to liquidate a position. You should carefully consider whether futures trading is appropriate for you in light of your investment experience and objectives, financial resources and other relevant circumstances.

For further information about the risks of futures trading, please read:

Futures Risk Disclosure Statement       


 

 

 

ROUTING REPORT | PRIVACY | RISK POLICY | MARGIN DISCLOSURE | FUTURES RISK | EXTENDED HOURS TRADING
| ORDER FLOW PAYMENTS  | PENNY STOCKS  | TRADERS RESPONSIBILITIES | RISKS OF OPTIONS

All transactions are executed through Stock USA Execution Services Member FINRA PCX, SIPC, & NFA 
System response, trade executions and account access may be affected by market conditions, system performance, quote delays and other factors. The risk of loss in electronic trading can be substantial. You should therefore consider whether such trading is suitable for you in light of your financial and circumstances. Day trading will generate substantial commissions, even if the per trade cost is low.

Disclaimer of Warranty DATA AND INFORMATION PROVIDED BY Stock USA Execution Services , INC., OR ANY OF ITS AFFILIATES, THEIR MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, AND CONTRACTORS ("SUSA") IS FOR INFORMATIONAL PURPOSES ONLY, AND IS PROVIDED BY SUSA ON AN "AS IS" BASIS. SUSA EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE AND A WARRANTY FOR NON-INFRINGEMENT, WITH RESPECT TO THE DATA AND INFORMATION. IN NO EVENT SHALL SUSA BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER (INCLUDING, BUT NOT LIMITED TO, LOST PROFITS, TRADING LOSSES AND DAMAGES THAT MAY RESULT FROM THE USE OF THE DATA AND INFORMATION, ANY DELAY OR INTERRUPTION OF SERVICE, OR OMISSIONS OR INACCURACIES IN THE INFORMATION) WITH RESPECT TO THE DATA AND INFORMATION.

Stock USA Investments is registered in all 50 states and Puerto Rico.

Companies' below share common ownership with Stock USA Execution Services ;
DirectAccessSoftware, LLC and Swingtrades, LLC.