Trading the Nikkei 225 (/NDK) on AmeriTrade

Discussion in 'Index Futures' started by Gruber, Sep 12, 2015.

  1. Gruber

    Gruber

    Hello.

    I've been lurking here for some time and I wondered, which of you trade the Nikkei 225 future contract on AmeriTrade or IB?

    How was your experience? How much margin is required? What's the $ per point variation?

    Thanks!
     
  2. For US players, the Nikkei futures trades frequently with large gaps. Fine when you're on the right side... not so fine when on the wrong side.
     
    Last edited: Sep 12, 2015
  3. Gruber

    Gruber

    I am way more into Day-Trading than Swing trading. And I always risk-adjust my positions when they stay overnight, so I don't mind huge gaps.

    But you're telling me the Nikkei futures (/NDK) are actually traded on the CME exchange?
     
  4. rockn

    rockn

    This was just posted yesterday from Tastytrade for TOS platform. I think its a new product for them also.




     
    Gruber likes this.
  5. Gruber

    Gruber

    That's pretty cool! Thanks for sharing.
     
  6. i960

    i960

    It can be done but liquidity is nowhere near the N225M contract on OSE.JP which IB has access to.
     
  7. Gruber

    Gruber

    What's the liquidity? I mean, the market I trade the most is normally influenced by 50 contracts and above. (Brazilian Future Real), how can I compare it?
     
  8. I trade it every day on OSE There are normally 200 to 1200+ contracts at every price level(now fewer with the current volatility). There is never more than 1 tick between Best Bid 1 and Best Ask 1.
     
    Last edited: Sep 12, 2015
  9. Gruber

    Gruber

    So I'd be able to enter with 100 contracts with no problem? That's a pretty nice liquidity.

    The problem is, the liquidity on the OSE and the CME seems to differ. I'm not sure of that tho.
     
  10. Yes, there would be no problem on OSE with either the Large or Mini. The volume in the U.S. would be significantly less
     
    #10     Sep 12, 2015