An offer to buy a specific quantity of a commodity at a stated price.
Chicago Board Of Trade.
An agreement made at a specific price for delivery on a certain day. The Emini Contracts are all cash based. Also known as Futures Contracts.
An active trader who opens and closes positions the same day and seldom hold positions after the close. A day trader usually trades very liquid markets like the S&P 500 Eminis, ERussell Eminis, Dow Eminis, and Nasdaq Eminis.
A mini contract that is traded exclusively on an electronic trading facility. E-Mini is a trademark of the Chicago Mercantile Exchange.
The emini futures market that is a basket of 30 stocks. It is the average of the Dow Jones Industrial Average.
The emini futures market that is a stock index of 2000 stocks.
The current trading month. The S&P 500 Eminis trade 4 contract months: March, June, September, and December.
Market trading in contracts to buy and sell a particular commodity at a fixed price on a certain date.
An order to enter a position at a set price or better.
An order to enter a position at the next available price.
Refers to a futures contract that has a smaller contract size than an otherwise identical futures contract.
Options are a contract that give the buyer the right, not the obligation to buy or sell the underlying security at a specified price (Strike Price) at a specified date.
An average of a basket of stocks, that are usually weighted, meaning some stocks have more "juice" in the index price than others. Some examples of stock indexes are: S&P 500 Eminis, ERussell Eminis, and Dow Eminis.
Opposite of daytrading. Swing Traders speculate longer term on prices of stocks, futures, etc.
The minimum price fluctuation price action can make. In the S&P 500 Eminis the minimum movement is $12.50. So each "tick" is $12.50.