Asian daytrading makes a comeback

awesome

225 pts. that's over 1k per contract in the first few minutes

in*sane

 

too late; u just lost an opp to buy it up from support and pick up a quick 120points profits...

just kiddin'

ehmm...vbottom was there tho and so waz the opp

 

just for the record, i'm not trading today. not saying *i* got that money. but some traders did

 

The minimum tick size for the SGXNK is 5. Can anybody explain why the IB data feed reports trades at other than multiples of 5 ? Some from the current session -

Bad tick value: SGXNK 15486.0
Bad tick value: SGXNK 15477.0
Bad tick value: SGXNK 15472.0
Bad tick value: SGXNK 15481.0
Bad tick value: SGXNK 15482.0

 

dunno why but bid/ask diff and tick size never changes--

 

BIT, do you just trade the Singapore contract. It looks like margin is about $2k usd with IB, is that correct?

 

at current exchange rates:

INTRADAY INITIAL: $1959
INTRADAY MAINTENANCE: $1567
OVERNIGHT INITIAL: $3918
OVERNIGHT MAINTENANCE: $3134

 

oooooooops:

 

If it's action you want take a look at the HSI today.

 

Interesting, worked out to a little over $2200 Canadian intraday initial margin, and a little under $5 per point (in lumps of $25 or so due to the spread). Doesn't seem toooo bad to me.

I'm going to keep this contract in mind when I eventually get into futures trading, trying to sort out the time zone differences right now to see what the trading hours are for my local time hehe.