I'm keen on trading them...but the market makers seem to be sleeping, nuthin' going on there so far. The VDax itself is a very nice product to play with though ! Once it has decided to move in one direction, it just keeps on moving and moving and moving....
Well, good luck with that trade! Just out of curiosity - what's the margin for one contract ? Greetings, Marsupilami
Afraid I don't know margin requirements. Though I should. Can't even remember the tick value at this point in time!
Well, one index point equals ⬠1,000 Minimum price change is 0.05 of a point, equivalent to a value of EUR 50.00. How was the spread, by the way ? Marsupilami Further info on the Vdax: http://www.eurexchange.com/products/FVDX.html
The spread is something I do remember. It's terrible! For a lot of the day it's around a full 1.00 point. Though it narrowed to around 0.35 at times. Eurex don't really look like they can be bothered with this product and it isn't dynamic. i.e. you can't see the market depth. I really don't know why Eurex release these new innovative products if they can't be arsed to start up a decent market making scheme and/or promote it properly. Rant over. mauzj.