Hi im looking for Samsung Electronics at KSE historical 1min or 5min intraday data for backtesting. i use esignal that only provide harf a year. someone give or sell me Samsung data? i need data from 2009/09/01 or further more. also need KOSPI200 futures data if you have. help me please.
Am new to this thread and looking for the first time at KOSPI 200 futures. Iâd be grateful if a seasoned KOSPI trader would confirm (or otherwise) my understanding of the following⦠Minimum tick size is 0.05 points. Value of minimum tick (in US$ today) is currently approx US$20 (i.e. 25,000 KRW) Typical daily range over last half year (with a few spikes higher) has been say 3 â 7 points. Margin requirement (from the likes of IB) is presently approx US$10,000/contract (i.e. 13,000,000 KRW). Is anyone offering substantially better than this to retail traders not based in S Korea? Nominal value of 1 contract is presently approx US$125,000 (i.e. futures price x 500,000 KRW) so available leverage is a bit better than 12x. Does this read about right?
I'm not a seasoned trader, but your understanding of the contract is correct. Margins vary though, according to intitial, maintenance and overnight. The following are the margins as of 08th Oct. These will probably increase for the next little while and were about $1000USD less a week ago. It's worth checking regularly. Intraday Initial KRW 8740125 USD 7,420.37 Intraday Maintenance KRW 5861750 USD 4,976.63 Overnight Initial KRW 17480250 USD 14,840.73 Overnight Maintenance KRW 11723500 USD 9,953.25 Date Checked 8/10/2011
Thanks for the response. Do I understand correctly from the above that intraday margins (currently at about US$15k per contract) were as little as US$ 1k per contract a short time (perhaps a few weeks?) ago?
The intraday initial got down to about usd$6200 per contract. In the months before that, it was similar to now at around usd$7600. The margin changes almost everyday and you need to also account for any currency changes between usd & krw www.interactivebrokers.com/en/p.php?f=margin
I'm not sure about seasoned, but on a relative basis I have gone through quite a bit of trail and error with this from both a trading and clearing perspective over the last couple years. As far as trading access, IB is pretty much it from a retail avenue. MF Global has access, but that is through the JP Morgan desk and has to go in by phone. They are working on electronic access, but it is still in the works as of last week. Newedge has higher account mins last I checked. Unless you want to hop a plane to Korea, and open up a local, IB is it. I love the contract and trade probably a hundred or so round turns per night there over a couple of accounts. Avoid her late in the session if you want to keep your sanity, and focus on her from about 30 minutes post open for about the next two hours. By the time Honk Kong breaks for lunch, leave her alone as the randomness seems to ensue. As far as my favorites, Kospi, Hang Seng and the Dax are best of breed for smaller traders running less than 10 mil and I also have a soft spot for the SPI in Australia, even though that is a bit of a love-hate relationship.
That is quite impressive. And I thought I do a lot of RT with my 7-20 trades per session on K200. Do you mind elaborating on your strategies, unless is is proprietary of course. I spoke with MF about a year ago, and they told me that they do have auto solution via PATS feed. But I had some much issues trading DAX with PATS a while back, that I would not touch this feed.
Found it on their website: The KRX Markets (KOSPI Market, KOSDAQ Market and Derivatives Market including KOSPI 200 Futures on CME Globex and KOSPI 200 Options on Eurex) will open and close one hour later on November 10, 2011 due to the annual Korea Scholastic Aptitude Test. However, after-hour periodic call auction and block trading session will close as usual at 18:00. (KRX)