Anybody trading DAX ?

Discussion in 'Index Futures' started by dozu888, Sep 28, 2001.

  1. dozu888

    dozu888

    Liquidity? Bid/ask spread?
    Volatility?
    Trendiness?

    Please share anything you have.
     
  2. wild

    wild

    go to

    www.eurex.ch

    marketplace - products - product specifications - index products

    wild
     
  3. Liquidity is great. About 80,000 contracts per day. Each point is worth 25 Euro. 1 contract on DAX index is worth about 100,000 Euro. Volatility is similar to SP500 Emini futures. Minimal price tick is 0.5 point. I don't know how big spreads are.

    You can get DAX futures quotes and charts from esignal. Plus $22 Eurex fee.

    With IB, commissions on DAX fut. are 3.95 EUR per 1 contract. Initial deposit - 10,000 EUR.

    I'm not trading DAX futures yet, but I've observe them for a couple of weeks.

    DT-waw
     
  4. def

    def Interactive Brokers

    on the tech side i'd like to add that the eurex system is quite fast (faster than globex in my experience). executions from HK usually are about 2-300 milliseconds.
     
  5. def - executions on Eurex from Hong Kong in 2 milisec. ??? How you measure this?
    Ping time from computer in HK to server in Europe will be around 120 ms !
    Speed of IP packets over the internet network is limited to speed of light :D 300,000 kilometres per second.

    DT-waw
     
  6. def

    def Interactive Brokers

    when i say 2-300 i mean 200-300. So much for saving two key strokes.....
     
  7. tntneo

    tntneo Moderator

    ahahah ! Def you should know better here !
    :)
    just kidding...

    neo
     
  8. def :D :D :D

    300 ms is impressive!

    Is there some new TWS version? When I've start my computer today, an automatic upgrade began...

    CUL8R def :cool:

    Does anybody know what's the average spread in DAX futures?
    Thnx

    DT-waw ( waw is a abbreviation of Warsaw, Poland where I live :) ) R there any day-traders from my country?
     
  9. In the last 20 minutes or so, average 1 point, widest is 2 points and often only 0.5 point. No liquidity problems with this market.
     
  10. dozu888

    dozu888

    what about seasonality?

    I know Europeans take almost the whole summer off. Does that mean a super dead zone in summer?
     
    #10     Oct 4, 2001