I want to clear some things up concerning Nasdaq emini. During market hours If I gain 1 point I get $20 ? For aftermarket its $40 for every 1 point gain? Does IB charge $2.40 for each contract per ticket? So if I buy 2 contracts it be $4.80 for one ticket and round trip will be $9 ?
NQ: $20 a point / contract regardless of market hours. It trades in 0.50 tick increments, worth $10 each. ES: $50 a point / contract regardless of market hours. it trades in 0.25 tick increments, worth $12.50 each. With IB: $2.40 per side / contract So $4.80 total for RT / contract Plenty more info here: http://www.cme.com
If NQ is at 1184, how much will it cost me to buy 1 contract? Is the formula like this: 20 * 1184 = 23680 so it will cost me 23680 cash just to buy 1 contract?
No here are the margin requirements http://www.cme.com/httpwrapper.cfm?...m&beginAfterRE=<body[^>]+>&endBeforeRE=</body