smfe
Table of Contents
The Small Exchange
The Small Exchange offers small-sized futures contracts to traders on equity indexes, bonds, FX, energies and metals. Contracts are priced in dollars and cents and sized so that individual investors can trade them within their portfolios. Trading will be done on The Small Exchange’s self-developed trading and matching engine, designed specifically for this market.
Currency: US Dollar (USD)
Trading Summary
The Small Exchange is making futures markets more accessible to more people. It offers the best of futures products that are small, standard, and simple.
- Small: By reducing the size of futures products, It gives traders a manageable road to capital efficiency.
- Standard: All the Smalls share the same tick size and expiration date to encourage more trading and less studying.
- Simple: Futures products are holistic representations of financial markets that accelerate your ideas to execution.
Contract Lookup
- Contract Size: 100× current price
- Buying Power (BP) Required: Contract Quote Price × $100
Contract Month Codes
Same to other futures market.
Order Types
- Limit Buy/Sell→ShortSell
- Market Buy/Sell→ShortSell
Basic Market Rules
- Lot Size: 1 Contract
- Tick Size \ Dollar per Tick
- $0.01 tick = $1.00 per tick
Schedule
Time Zone: Central Time (US)
Time | Action |
---|---|
6:30 am – 6:59 A.M. | Pre-open, Opening auction. Buy/sell order books may cross. |
6:59 am – 7:00 A.M. | Pre-open, no cancel. |
7:00 am – 4:00 P.M. | Open Regular trading session for all product instruments. |
3:00 pm – 3:15 P.M. | Closed for expiring futures. On the third Friday of the month market is closed for expiring futures and final expiration settlement prices are published for the contracts. All other contracts continue to trade till 4 P.M. |
4:00 pm – 4:15 P.M. | Closed Closed Market is closed. |
See Also
smfe.txt · Last modified: 2023/02/28 09:23 by hammed