Wanna Know Requirements for trading futures

Discussion in 'Index Futures' started by priyanknevatia, Oct 23, 2011.

  1. Hi,
    I am looking to understand how to trade stock futures in USA. I used to trade stock futures in India and know all about the risks associated with trading stock futures.

    What I wanna know is the following.

    1) Where can I trade stock futures (example APPL, GOOG)
    2) What are the lot sizes (I found out its 100 ... it that correct)
    3) Do stock futures trade 24/7 (Sun - Fri) or 0900-1600 (Mon - Fri)
    4) What are the initial margin requirement for opening a position per lot
    5) What are the other costs associated ? Carrying fee ?
    6) Which are the best platforms to trade stock futures.

    Thanking everyone in advance