E-Micro Forex Futures

AAA

DEFINITION of 'E-Micro Forex Futures'

Currency futures contracts traded on CME Globex that are one-tenth the size of standard Forex futures. Currency futures are exchange-traded futures contracts that have currency exchange rates as the underlying commodity. There are standard and E-micro contracts to suit a variety of traders' needs, accounts and risk tolerances.

INVESTOPEDIA EXPLAINS 'E-Micro Forex Futures'

The E-micro Forex futures contracts are offered exclusively by the CME Group and traded on CME Globex, an electronic futures trading platform. Unlike Forex, the currency futures market is regulated as a futures market and therefore has centralized pricing and clearing. Available E-micro Forex futures contracts include:


·EUR/USD - euro/US dollar
·USD/JPY - US dollar/Japanese yen
·GBP/USD - British pound/US dollar
·USD/CAD - US dollar/Canadian dollar
·AUD/USD - Australian dollar/US dollar
·USD/CHF - US dollar/Swiss franc

RELATED TERMS
  1. Base Currency

    The first currency quoted in a currency pair on forex. It is ...
  2. Cross Currency

    A pair of currencies traded in forex that does not include the ...
  3. Currency Pair

    The quotation and pricing structure of the currencies traded ...
  4. Currency Carry Trade

    A strategy in which an investor sells a certain currency with ...
  5. Forex - FX

    The market in which currencies are traded. The forex market is ...
  6. Multibank Holding Company

    A company that owns or controls two or more banks. Mutlibank ...
Related Articles
  1. Combining Forex Spot And Futures Transactions
    Options & Futures

    Combining Forex Spot And Futures Transactions

  2. Introduction To E-Micro Forex Futures
    Forex Education

    Introduction To E-Micro Forex Futures

  3. Applying Binary Options To Equity Markets
    Options & Futures

    Applying Binary Options To Equity Markets

  4. ETF Options Hedge Risk of ETF Trades
    Mutual Funds & ETFs

    ETF Options Hedge Risk of ETF Trades

Hot Definitions
  1. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  2. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  3. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  4. Call Risk

    The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem ...
  5. Parity Price

    When the price of an asset is directly linked to another price. Examples of parity price are: 1. Convertibles - the price ...
  6. Earnings Multiplier

    An adjustment made to a company's P/E ratio that takes into account current interest rates. The earnings multiplier is used ...
Trading Center