Are e-mini futures (NQ,ES) shortable after the new SEC regulation?

Discussion in 'Index Futures' started by Andris_2, Sep 18, 2008.

  1. Andris_2

    Andris_2

    Till now I traded CFDs but as I expericenced from today I cannot open short positions for US Indices.

    Are the e-mini futures still shortable?
     
  2. The Securities Exchange Commission doesn't have oversight of the Futures market.
     
  3. Yes.
     
  4. They couldn't trade if they weren't shortable. If a buyer could only buy from another long futures markets would shut down.
     
  5. Andris_2

    Andris_2

    Thanks for the replies!
    Maybe it's the time to change from CFDs to E-minis.
     
  6. just21

    just21

    What casino brought in this restriction?
     
  7. abxs

    abxs

    What does your broker say?
     
  8. Andris_2

    Andris_2

    A saxo WL partner, but now I'm not sure there is such a restriction. At first I tried it with a demo account and received a "Trading short the selected instrument is disabled" but a few minutes ago I tried it with my live account and managed to open a short position for the Nasdaq 100.

    Anyway I always hear from others that trading CFDs is like playing the casino and the odds are against me.

    Can anyone please explain this? Why I have worse chances if the CFD is fairly tracking the real index? I haven't experienced any incorrect price movement in the CFD that would differ from the underlying index. A compared many times the CFD chart and the index chart and haven't found significant differencies.

    I agree that in a tight situation (i.e. 1-2 ticks from my SL) the price can be manipulated, but I thinks it is not common.