subject: Emini's Futures "a good option for day trading [print this page] Emini's Futures "a good option for day trading
Are you looking for a Futures broker who emphasizes on adequate, thorough research and balance both these qualities with the astute discovery of intrinsic values, synergies and growth? If yes, your search ends at United futures. Our approach is aimed to help our clients maximize their returns. Your interests no matter how big or small - come first for us.
Our brokers are also experts in emini trading.Eminis, sometimes referred to as emini futures are smaller units of older, "grown-up" futures contracts that have been around for quite a while. There are several futures markets that have developed both full and emini contracts. The most popular of them is the S&P 500 futures whose emini contract is often denoted by "ES," its ticker. Another very popular emini contract is the NASDAQ 100 emini.
The emini contracts may differ depending on your broker and also on the charting platform you are using, still they have one thing in common: they all trade electronically on Globex, while their bigger "brothers" trade on the Chicago Mercantile Exchange (CME). There is one well known emini contract that calls the Chicago Board of Trade (CBOT) its home and that is the Dow Jones emini. It trades electronically just as the other mentioned above. Its often used ticker is "YM."
All the emini's have yet another thing in common: they are futures contracts for stock indices. While there are now emini's for other futures in the markets that can be commodities or currencies, these newcomers are usually much less liquid then the stock index emini's and so trading them can be much tougher if not much riskier.
So, if you are one of those who has just started in this field, it would be advisable that you stick to the more established emini markets that guarantee better volumes and thus also better trades due to better liquidity
One company that offer you the facility of trading emini contracts is united Futures. For more information, log on to www.unitedfutures.com.
