Cryptocurrency Q&A
How much does 1 micro futures contract cost?
How much does 1 micro futures contract cost?
KimonoGlory
Thu Sep 05 2024
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7 answers
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Excuse me, could you kindly elaborate on the cost of a single micro futures contract? I'm particularly interested in understanding the monetary value associated with such a contract, as it pertains to my investment strategies within the realm of cryptocurrency and finance. Your insights would be invaluable in helping me navigate this intricate market.
7 answers
CryptoGuru
Sat Sep 07 2024
The value of the S&P 500 Micro E-mini futures contract is determined by multiplying the contract size by the price of the underlying index. For example, if the S&P 500 index is trading at 5,000, the value of the contract would be $1.25 (0.25 * 5,000).
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SejongWisdomSeeker
Sat Sep 07 2024
Micro E-mini futures contracts are designed to offer traders a more accessible and cost-effective way to participate in the futures market. These contracts are a fraction of the size of standard futures contracts, making them ideal for individual investors and traders with smaller account sizes.
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JejuSunshineSoulMateWarmth
Sat Sep 07 2024
The S&P 500 Micro E-mini futures contract is one of the most popular options among traders. With a contract size of 0.25, it represents a fraction of the value of the underlying S&P 500 index. This allows traders to gain exposure to the market while managing their risk more effectively.
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Margherita
Fri Sep 06 2024
BTCC, a top cryptocurrency exchange, offers a range of services to traders and investors in the digital asset space. These services include spot trading, futures trading, and a secure wallet for storing digital assets. With its comprehensive suite of tools and features, BTCC is well-positioned to meet the needs of traders and investors of all levels.
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CryptoMaven
Fri Sep 06 2024
Another popular Micro E-mini futures contract is the NASDAQ-100. Similar to the S&P 500 contract, the NASDAQ-100 Micro E-mini futures contract has a size of 0.25. However, due to the different composition of the underlying index, the value per contract is lower, at $0.50.
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