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  • CME Equity Index Futures*

    Liquidity

    E-mini futures’ market depths and volumes are among the highest of any traded instruments. All this trading takes place at the single location of the CME Globex matching engine. You do not need to search for the greatest source of liquidity to execute your trade.

    Leverage (Performance Bonds)

    Due to the fact that these are highly leveraged instruments, a thorough understanding of margin is a crucial concept when trading e-mini futures. During each trading day, an e-mini futures trading account is marked-to-the–market for any losses or gains. These losses or gains are then immediately debited or credited from/to the account.

    As described on the CMEs website:

    'Performance bonds in the futures industry, formerly called the "margin," are considered "good faith" deposits that guarantee a trader's position holdings amid market swings.

    In addition to the initial performance bond deposit, traders are committed to making good on any change in the value of any futures contract they hold. Traders can use this to leverage a position larger than their initial deposit amount.'

    No Account Sizes Restrictions for Day-trading

    There are no regulatory limits on account sizes for day-trading in futures markets such as the $25,000 minimum necessary for day-trading stocks.

    No Restrictions on Short Sales

    All purchases and sales are executed in the same manner. No distinction exists between a short and a long sale.

    Daily Marked-to-Market Settlement

    E-mini futures trading accounts are marked-to-the–market for any losses or gains. These losses or gains are then immediately debited or credited from/to the account.

    Mastertrader or its Clearing Firm, Penson Financial, may require a larger initial performance bond. CME initial performance and maintenance bonds may also vary over time. The degree of leverage that is often obtainable in futures trading can work against you as well as for you and as a result, can lead to large losses as well as gains.

    For more information

    Call 800-424-3934 or email support@mastertrader.com

    An investment in futures contracts is speculative, involves a high degree of risk and is suitable only for persons who can assume the risk of loss in excess of their margin deposits. The high degree of leverage that is often obtainable in futures trading can work against you as well as for you and, as a result, can lead to large losses as well as gains. If you purchase or sell a futures contract, you may sustain a total loss of your initial margin funds and any additional funds that you may deposit to establish or maintain your position. If the market moves against your position, you may be called upon to deposit a substantial amount of additional margin funds, on short notice, in order to maintain your position. If you do not provide the requested funds within the prescribed time, your position may be liquidated at a loss, and you will be liable for any resulting deficit in your account. Under certain market conditions, you may find it difficult or impossible to liquidate a position. You should carefully consider whether futures trading is appropriate for you in light of your investment experience and objectives, financial resources and other relevant circumstances.

    For further information about the risks of futures trading, please read:

    Futures Risk Disclosure Statement   Electronic Trading and Order Routing Systems Disclosure Statement

  • E-mini S&P 500
  • E-mini Nasdaq 100
  • E-mini Russell 2000
  • E-mini S&P Midcap 400
  • CME Currency Futures*

    Description of Currency Futures

    Also known as Foreign-Exchange (FX) Futures, are standardized financial contracts traded on exchanges and through electronic networks. The Chicago Mercantile Exchange (CME) the electronic GLOBEX® system, it is one of the largest futures networks available. Currency futures are quoted in dollars per unit of foreign currency at the Chicago Mercantile Exchange. Mastertrader.com will allow trading in these products between 7:30am EST to 4:15pm EST.

    To calculate the profit or loss on a trade, you would multiply the change in price (in ticks) by the value of a single tick. The value of a tick is set by the exchange and represents the minimum price fluctuation for a particular contract. The minimum fluctuation (tick) of the Swiss Franc contract is .0001 and the value of that tick is $12.50. For example, if the price moved from .8150 to .8160 or 10 ticks the resulting gain would be $125.00 (10 x 12.50).

    Margin

    Due to the fact that these are highly leveraged instruments, a thorough understanding of margin is a crucial concept when trading currency futures. During each trading day, a currency futures trading account is marked-to-the–market for any losses or gains. These losses or gains are then immediately debited or credited from/to the account.

    As described on the CMEs website:

    ’Performance bonds in the futures industry, formerly called the "margin," are considered "good faith" deposits that guarantee a trader's position holdings amid market swings.

    In addition to the initial performance bond deposit, traders are committed to making good on any change in the value of any futures contract they hold. Traders can use this to leverage a position larger than their initial deposit amount.’

    If a Mastertrader.com customer with a $12,000 account balance wants to purchase as many Mexican Peso contracts as their balance will allow, the customer would take their account balance and divide it by the initial margin requirement of $1,875. Rounding down, this would result in 6 contracts ($12,000/$1,875) leaving $750 in the account.

    Using a trading example, the customer purchase 6 Mexican Peso contracts at .086375. At the close of trading for the day, the value of the contract closes at .086275 resulting in a loss of 4 ticks (.086375 - .086275 = .000100 / .000025 = 4 ticks). The customer will have their account debited at the end of the day for $300 (4 ticks * $12.50 * 6 contracts). The account will finish the day with 6 Mexican Peso contracts and $450 ($750 - $300 loss).

    To view the most current margin rates for currencies, please click here. Unless you currently hold the underlying commodity, be sure to look at the ‘spec’ (or speculator) performance bond figure.

    Expiration and Delivery of Currency Futures Contracts

    Since currency futures contracts are delivered in the respective foreign country’s currency upon expiration, our clearing firm Penson Financial, will require that the initial margin be raised to 100% roughly one week prior to expiration.

    Roll Dates

    Roll Dates are days when traders switch their focus from a contract that is due to expire to the next available contract month. The new contract then becomes the ‘lead’ or most actively traded contract. After this date the liquidity in the contract that is due to expire may drop off quite dramatically. For this reason, anyone wishing to initiate a new position should do so in the new contract month. People with existing positions in the expiring contract month should have already rolled their position into the new lead contract or prepare to liquidate their position. For example, if you are long a March 2003 Swiss Franc contract, on March 10, 2003 you may want to sell that contract and have bought a June 2003 contract to “roll” your position to the next contract month (June 2003) or plan to sell your remaining March contact and exit that position.

    For more information

    Call 800-424-3934 or email support@mastertrader.com

    An investment in futures contracts is speculative, involves a high degree of risk and is suitable only for persons who can assume the risk of loss in excess of their margin deposits. The high degree of leverage that is often obtainable in futures trading can work against you as well as for you and, as a result, can lead to large losses as well as gains. If you purchase or sell a futures contract, you may sustain a total loss of your initial margin funds and any additional funds that you may deposit to establish or maintain your position. If the market moves against your position, you may be called upon to deposit a substantial amount of additional margin funds, on short notice, in order to maintain your position. If you do not provide the requested funds within the prescribed time, your position may be liquidated at a loss, and you will be liable for any resulting deficit in your account. Under certain market conditions, you may find it difficult or impossible to liquidate a position. You should carefully consider whether futures trading is appropriate for you in light of your investment experience and objectives, financial resources and other relevant circumstances.

    For further information about the risks of futures trading, please read:

    Futures Risk Disclosure Statement   Electronic Trading and Order Routing Systems Disclosure Statement

  • Euro FX
  • Japenese Yen
  • British Pound
  • And more…
  • NYMEX Energy*

    Description of NYMEX Light, Sweet Crude Oil e-miNY Futures

    The Light Crude e-miNY is a fractional version of the exchange’s full contract, representing 50% of the standard contract. It is equal to 500 barrels of Light, Sweet Crude Oil and is traded on the New York Mercantile Exchange (NYMEX). It ticks in increments of $0.025, with each tick representing a $12.50 move per contract. The current initial requirement is $2,363, while the maintenance requirement (effective once held overnight) is $1,750. Starting with the April contract, the margin requirements will be reduced to $1,688 for the initial requirement and $1,250 for the maintenance. Based on the current initial maintenance requirement, traders may use approximately 10 to 1 leverage at the moment.

    For more information

    Call 800-424-3934 or email support@mastertrader.com

    An investment in futures contracts is speculative, involves a high degree of risk and is suitable only for persons who can assume the risk of loss in excess of their margin deposits. The high degree of leverage that is often obtainable in futures trading can work against you as well as for you and, as a result, can lead to large losses as well as gains. If you purchase or sell a futures contract, you may sustain a total loss of your initial margin funds and any additional funds that you may deposit to establish or maintain your position. If the market moves against your position, you may be called upon to deposit a substantial amount of additional margin funds, on short notice, in order to maintain your position. If you do not provide the requested funds within the prescribed time, your position may be liquidated at a loss, and you will be liable for any resulting deficit in your account. Under certain market conditions, you may find it difficult or impossible to liquidate a position. You should carefully consider whether futures trading is appropriate for you in light of your investment experience and objectives, financial resources and other relevant circumstances.

    For further information about the risks of futures trading, please read:

    Futures Risk Disclosure Statement   Electronic Trading and Order Routing Systems Disclosure Statement

  • miNY Crude Oil
  • miNY Crude
  • miNY Gasoline
  • miNY Natural Gas
  • CBOT Interest Rate Futures*

    CBOT US Treasury Bond & Treasury Note futures are The Chicago Board of Trade’s most liquid electronically traded contracts. CBOT Treasury futures allow you to speculate on anticipated changes in interest rates with the same distinct advantages as the CBOT mini-sized Dow.

    Electronic Trading
    Constant liquidity
    No Up Tick Rules
    High Leverage

    Additional information can be found at the CBOTs website.

    For more information

    Call 800-424-3934 or email support@mastertrader.com

    An investment in futures contracts is speculative, involves a high degree of risk and is suitable only for persons who can assume the risk of loss in excess of their margin deposits. The high degree of leverage that is often obtainable in futures trading can work against you as well as for you and, as a result, can lead to large losses as well as gains. If you purchase or sell a futures contract, you may sustain a total loss of your initial margin funds and any additional funds that you may deposit to establish or maintain your position. If the market moves against your position, you may be called upon to deposit a substantial amount of additional margin funds, on short notice, in order to maintain your position. If you do not provide the requested funds within the prescribed time, your position may be liquidated at a loss, and you will be liable for any resulting deficit in your account. Under certain market conditions, you may find it difficult or impossible to liquidate a position. You should carefully consider whether futures trading is appropriate for you in light of your investment experience and objectives, financial resources and other relevant circumstances.

    For further information about the risks of futures trading, please read:

    Futures Risk Disclosure Statement   Electronic Trading and Order Routing Systems Disclosure Statement

  • 5-Year Note
  • 10-Year Note
  • 30-Year Bond
  • CBOT Metal Futures*

    Description of CBOT mini-sized Metal Futures

    The Gold e-mini is 33% of the large contract (100 oz), with one contract consisting of 33.2 fine troy ounces. The Gold e-mini trades on the Chicago Board of Trade (CBOT). It ticks in 10 cent increments (or $3.32 per contract) with a whole point move representing $33.20. The initial margin requirement (per contract) is $432, while the maintenance requirement is $320. The initial maintenance requirement roughly represents the price of one troy ounce of gold, giving the trader high leverage (about 33 to 1).

    The Silver e-mini represents 20% of the large contract (5,000 oz), with one contract consisting of 1,000 troy ounces. The Silver e-mini trades on the Chicago Board of Trade (CBOT). The tick size is one tenth of a cent ($0.001), with each tick move representing a $1 change per contract. The initial margin requirement (per contract) is $432, and the maintenance requirement is $320. The initial maintenance requirements roughly represent the price of 60 troy ounces of silver. While this is not as highly leveraged as the gold mini, it is still substantial at approximately 16 to 1.

    For more information

    Call 800-424-3934 or email support@mastertrader.com

    An investment in futures contracts is speculative, involves a high degree of risk and is suitable only for persons who can assume the risk of loss in excess of their margin deposits. The high degree of leverage that is often obtainable in futures trading can work against you as well as for you and, as a result, can lead to large losses as well as gains. If you purchase or sell a futures contract, you may sustain a total loss of your initial margin funds and any additional funds that you may deposit to establish or maintain your position. If the market moves against your position, you may be called upon to deposit a substantial amount of additional margin funds, on short notice, in order to maintain your position. If you do not provide the requested funds within the prescribed time, your position may be liquidated at a loss, and you will be liable for any resulting deficit in your account. Under certain market conditions, you may find it difficult or impossible to liquidate a position. You should carefully consider whether futures trading is appropriate for you in light of your investment experience and objectives, financial resources and other relevant circumstances.

    For further information about the risks of futures trading, please read:

    Futures Risk Disclosure Statement   Electronic Trading and Order Routing Systems Disclosure Statement

  • Gold E-mini
  • Silver E-mini
  • CBOT Equity Index Futures*

    As explained in more detail on CBOTs website, trading the CBOT mini-sized Dow has the following advantages:

    100% Electronic Access, from Virtually Anywhere, Anytime
    Lower Margins, Greater Leverage
    Deep, Constant and Growing Liquidity
    Ease of Tracking, Shorting and for use in Spreading and Hedging.

    For information on the mini-sized Dow $5, please visit CBOTs 2004 Dow Complex Reference Guide.

    For more information

    Call 800-424-3934 or email support@mastertrader.com

    An investment in futures contracts is speculative, involves a high degree of risk and is suitable only for persons who can assume the risk of loss in excess of their margin deposits. The high degree of leverage that is often obtainable in futures trading can work against you as well as for you and, as a result, can lead to large losses as well as gains. If you purchase or sell a futures contract, you may sustain a total loss of your initial margin funds and any additional funds that you may deposit to establish or maintain your position. If the market moves against your position, you may be called upon to deposit a substantial amount of additional margin funds, on short notice, in order to maintain your position. If you do not provide the requested funds within the prescribed time, your position may be liquidated at a loss, and you will be liable for any resulting deficit in your account. Under certain market conditions, you may find it difficult or impossible to liquidate a position. You should carefully consider whether futures trading is appropriate for you in light of your investment experience and objectives, financial resources and other relevant circumstances.

    For further information about the risks of futures trading, please read:

    Futures Risk Disclosure Statement   Electronic Trading and Order Routing Systems Disclosure Statement

  • Mini-Sized Dow Jones 30
  • CBOT Agricultural Futures*
  • Ethanol Futures
  • Wheat Futures
  • Corn Futures
  • Soybeans Futures
  • And more…
Trade E-mini Futures for as low as $.35 per contract per side*
trading platform
  • Trade Stocks, Options and Futures
  • In ONE account on ONE platform
  • Trade Futures Virtually 24 hours a day
  • $5,000 minimum to open a futures only account
  • Ask about additional leverage possibilities

You are no longer tied to just stocks and options to hedge or speculate against moves that affect world markets and assets. Whether you think there will be a move in a currency like the Euro or Yen, metals such as Gold or Silver, commodities like Oil or Natural Gas, there is now a futures contract that will allow you to accomplish this goal. Trade stocks, options, and E-Mini Futures Contracts in the same account with cross margin. E-Mini Futures Trading available virtually 24 hours per day.

Futures trading is NOT subject to FINRA's Pattern Day Trading rule which requires $25,000 minimum equity in a day trading account.

Please click here to view the contract details including current symbols.

* Plus applicable exchange and NFA fees

** Please note that the exchanges close trading for all E-mini futures during different times. For a detailed list of when a particular contract is closed for trading please go to: http://www.cmegroup.com/trading_hours/index.html

In addition:

RealTick will not accept or execute orders for CME E-mini futures from 4:15pm ET to 6:00pm ET. RealTick will not accept or execute trades for CBOT E-mini futures from 5:00pm ET to 6:30pm ET.

If you need to execute an order during these down times, when the Exchange is open for the particular future you want to trade, please call our trade desk at 1-800-424-3934 from 8:00am ET to 8:00pm ET

For emergency order routing or execution issues during the night, from 8:00pm ET to 8:00am ET please call our clearing FCM - Knight Futures at 312-356-6333 — night time emergency order routing or execution issues only. Please have your account number ready.

For more information Call 800-424-3934 or email support@mastertrader.com

An investment in futures contracts is speculative, involves a high degree of risk and is suitable only for persons who can assume the risk of loss in excess of their margin deposits. The high degree of leverage that is often obtainable in futures trading can work against you as well as for you and, as a result, can lead to large losses as well as gains. If you purchase or sell a futures contract, you may sustain a total loss of your initial margin funds and any additional funds that you may deposit to establish or maintain your position. If the market moves against your position, you may be called upon to deposit a substantial amount of additional margin funds, on short notice, in order to maintain your position. If you do not provide the requested funds within the prescribed time, your position may be liquidated at a loss, and you will be liable for any resulting deficit in your account. Under certain market conditions, you may find it difficult or impossible to liquidate a position. You should carefully consider whether futures trading is appropriate for you in light of your investment experience and objectives, financial resources and other relevant circumstances.

For further information about the risks of futures trading, please read:

Futures Risk Disclosure Statement | Electronic Trading and Order Routing Systems Disclosure Statement