HSI does not have gap when live. They occur over lunch. HSI is not liquid. Each price generally has less than 10 orders. It can come down to just a few in some cases. HHI is less liquid than HSI. Maybe experience a few small gaps even when live.
You may consider always closing positions before lunch. Then you don't need to be worried about lunch-time gaps.
i am currently looking into this Hang Seng index... does anyone know how to set up some market breath indicators for the HSI....tick, trin, add... or where i can get the information and try and set it/program it up myself? how do you guys trade the hsi ? rely on "feel" and lagging indicators???
Sorry no. IB is very conservative in daytrading margin. It is just 50% off. It needs $25,818(516.36 points) for 1 HSI contract. Some may offer lower than about $15,000 (lower than 300 points). I never see there is more than 500-point volatility intraday in HSI.
While on the subject, when trading nikkei, hsi and spi futures via ib, are the rules the same with regards to tax implications? What i mean is that in trading the US futures you fill out the w8ben (i'm not a us citizen nor us resident) and pay taxes in your home country. When trading the the hsi and nikkei, or even the eurex futures for that matter, is the w8ben enough for traders with status like mine? thanks.
in your website initial margins are quoted much lower; just a touch above 1k bucks..and for maintenance 3k+. i dont think that's correct...never really looked at my acct when i had a pos on so i dont really have a clue how much it is required; have a look at ib margins schedule. i am talkin' about sgxnk @sgx.