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:
Take
the
root:
/QM
Add
the
current
month
code
from
the
table
on
the
right
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.
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:
Copyright 2003, SpeedTrader.com®
All Rights ReservedSpeedTrader
offering active traders direct access day trading with free level ii quotes,
level 2 quotes.
Day traders and traders, and trade with nasdaq level ii quotes and get a free
level 2 simulator demo free level 2 quote low commissions and trailing
stop order stock markets orders. You can also do online trading with intra-day
charting charts. Online stock trader or internet broker and brokerage firm can
use our day trading software
for swing trading and trading nasdaq, amex, nyse, stocks and get fast executions
with our online day trading software it will get you executions confirmation
s real time news realtime quotes free nasdaq nyse quotes ecn book level 2
trading us pre post market after hours trading for securities equities options
nasdaq level ii day trading.
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.