BTC EMini futures - symbol settings ?

Discussion in 'Index Futures' started by syswizard, Sep 24, 2022.

  1. I don't think I have the correct settings for BTC (Bitcoin futures).
    What is the tick value ?
    What is the bigpoint value ?
     
  2. VSTscalper

    VSTscalper

  3. That is so cryptic.....LOL !
    re: "5 bitcoin, as defined by the CME CF Bitcoin Reference Rate (BRR)"
    WTF is the BRR ?
    Also, WTF is BTIC ?
     
  4. schizo

    schizo

    From Ameritrade website:

    upload_2022-9-24_13-25-1.png
     
  5. VSTscalper

    VSTscalper

    Personally - I really do NOT care about Bitcoin. I will keep trading the same instruments I have traded for years. At my age - I have a hard time remembering - why the hell I am in the bathroom - so I see no reason to use what few good brain cells I have left - just to trade Bitcoin.
     
  6. That chart is wrong....margin is way off, and the min price move for the Emini is $5, not $25.
     
  7. Yeah, but it can really move baby. For daytrading, that's what you need.
     
  8. zghorner

    zghorner

    thats for the micro future...it moves at 1/10th the price of the underlying, same for micro ETH...like reverse leverage lol.
     
  9. SunTrader

    SunTrader

    Mini is $5 x 5 coins (contract size).

    Micro is 1/10th of 1 coin

    But yes margin levels appear to be wrong. Maybe because they are based on April's values nor are they intraday daytrading rates. Right now TradeStation shows:-

    $27,588 & $550 initial intraday and overnight, mini & micro respectively
     
    Last edited: Sep 25, 2022