Dear Valued
Client,
Please
be aware that the current futures contracts will expire shortly.
Most of the liquidity will begin to move into the next contract.
The ticker symbols for the futures are changing as detailed
in the table below.
In general the old contract "expires" on the third Friday of the contract month. So, the existing "M8" contract expires on June 20th and the new "U8" will begin trading. However, the futures "rollover" is the Thursday the week before expiration, so volume should pick up on the new "U8" contract on Thursday, June 12th.
E-mini
Futures
| Future's
Contract |
Symbol
Expires in Mar. |
Symbol
Expires in Jun. |
Symbol
Expires in Sep. |
Symbol
Expires in Dec. |
| E-mini
S&P 500 |
/ESH8 |
/ESM8 |
/ESU8 |
/ESZ8 |
| E-mini
NASDAQ 100 |
/NQH8 |
/NQM8 |
/NQU8 |
/NQZ8 |
| Mini-sized
Dow |
/YMH8 |
/YMM8 |
/YMU8 |
/YMZ8 |
| E-mini
Russell 2000 |
/ER2H8 |
/ER2M8 |
/ER2U8 |
/ER2Z8 |
|
Futures trading is NOT subject to FINRA's Pattern Day Trading rule which requires $25,000 minimum equity in a day trading account.
To
receive futures quotes, you must subscribe to the exchange
that the futures contract trades on.
As
you may know, we have the ability to trade many different
futures contracts through Mastertrader.com. Here is a brief
list:
-
Nasdaq,
S&P and Dow Equity Index Futures
-
Currency
Futures including the Euro, Yen and Pound
-
Energy
Futures including Crude Oil and Gasoline
-
Interest
Rate Futures including the 5 Year Note and 30 Year
Bond
-
Metal
Futures including Gold and Silver
-
Agricultural
Futures including Ethanol, Corn and Soybeans
For
further information please go to: http://www.mastertrader.com/futures/.
If you have questions or would like to start trading any
of the futures listed above, please contact our trading
desk, 888-692-3624.
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 |
Sincerely,
Mastertrader.com
7-11 South Broadway, Suite 210A
White Plains, NY 10601
| General
Support: |
Phone:
Toll Free 1-800-424-3934 Local & INTL 914-422-2966
Hours: Monday to Friday - 8:30am to 5pm |
| Trade
Desk: |
Phone:
Toll Free 888-692-3624 Local & INTL 914-686-4701
Hours: Monday to Thursday - 8am to 8pm Friday
- 8am to 6pm |
| Email
Us: |
support@mastertrader.com |
| Visit
Our Web Site: |
www.mastertrader.com |
The risk of loss in electronic trading can be substantial. Therefore,
you should carefully consider whether such trading is suitable
for you in light of your circumstances and financial resources.
System access and trade executions may be delayed or fail due
to market volatility, system failure, high volume or other
factors. To read important disclosures, click on the following
four links Day
Trading Risk Disclosure, Margin
Disclosure, Futures
Risk Disclosure and the Characteristics
and Risks of Standardized Options.
|