Futures

Futures

As the name suggests, futures pertain to contracts between buyers and sellers to exchange an asset at a specific future date and at a pre-set price. A futures contract, which is a legal agreement in itself, represents both the amount of the given asset being exchanged, and its price. For the most part, futures are settled in cash after the contract’s expiration date and do not actually require a physical exchange of the asset.

Originating from the need farmers once had to protect their crops’ prices from fluctuations and thus their businesses from risk, today futures range from bonds and stocks to energy and metals. At ArgusFX, we offer futures on indices, commodities and treasury bonds, which are the three strongest futures categories that can be traded online.

Known to be excellent investments for hedging or speculating, futures also give investors the opportunity to diversify their portfolios through a very liquid and cost-efficient market. To exemplify these features, ArgusFX provides futures under unique trading conditions such as flexible leverage and excellent commission fees.

Symbol Product Description Bloomberg Code Currency Exchange Monthly Data Fees
(Retail/Professional)
DAX DAX 30 Index (Deutsche Aktien Xchange 30) EUR Eurex Germany (DTB) 13/56
MDAX Midcap DAX EUR Eurex Germany (DTB) 13/56
VIX CBOE Volatility Index USD CBOE Futures Exchange (CFE) 2.5/7.5
CAC40 CAC 40 EUR MONEP 37/37
ESTX50 Dow Jones Euro STOXX50 EUR Eurex Germany (DTB) 13/56
NQ E-mini NASDAQ 100 Futures USD GLOBEX_IND 0/112.5
ES E-mini S&P 500 USD GLOBEX 0/112.5
NKD Dollar Denominated Nikkei 225 Index (NKD@) USD GLOBEX_IND 0/112.5
YM Mini Sized Dow Jones Industrial Average USD ECBOT 0/112.5
SMI Swiss Market Index CHF SOFFEX 13/56
Z FTSE 100 Index GBP ICE Futures Europe (ICEEU) 120.75/120.75
E7 European Monetary Union Euro USD GLOBEX_CUR 0/112.5
RTY E-Mini Russell 2000 Index USD GLOBEX 0/112.5
FTMIB FTSE MIB Index EUR IDEM 4/16

Risk Warning:CFDs are complex leveraged products and involve a high level of risk. 63% of retail investor accounts lose money when trading CFDs with this provider. You should ensure that you understand the risks involved and that you can afford the possible risk of losing all your money. Seek independent advice if necessary.

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