While the e-mini stock index futures are the e-minis of choice for many traders, other e-mini contracts are available that provide exposure to a variety of asset classes. Certain products even have corresponding micro contracts that trade at an even smaller size than the e-minis.
The CME offers mini and micro contracts for copper, gold and silver:
- E-mini Copper (QC)
- miNY Gold (QO)
- E-micro Gold (MGC)
- miNY Silver (QI)
- E-mini Silver (XSN)
Several e-mini versions of popular forex pairs are offered by CME:
- E-mini EUR/USD (E7)
- E-mini JPY/USD (J7)
- E-micro AUD/USD (M6A)
- E-micro EUR/USD (M6E)
- E-micro GBP/USD (M6B)
- E-micro CAD/USD (MCD)
- E-micro USD/CAD (M6C)
- E-micro CHF/USD (MSF)
- E-micro USD/CHF (M6S)
- E-micro JPY/USD (MJY)
- E-micro USD/JPY (M6J)
- E-micro USD/RMB (MNY)
The CME offers several agricultural commodities in mini sizes:
- Mini-sized Corn (XC)
- Mini-sized Wheat (XW)
- Mini-Sized Soybeans (XK)
A variety of mini energy products are offered by the CME:
- E-mini Light Sweet Crude Oil Futures (QM)
- E-mini Natural Gas Futures (QG)
- E-mini Heating Oil (QH)
- E-mini RBOB Gasoline (QU)
The CME offers additional e-mini stock index futures products:
- E-mini S&P SmallCap 600 (SMC)
- E-mini NASDAQ Composite (QCN)
- E-mini NASDAQ Biotechnology Futures (BIO)
SEE: Options Basics Tutorial
The e-minis are the small but mighty cousins of their larger, full-sized contracts. Because of their size and low margin requirements, the e-minis make ideal trading instruments for individual traders and investors. Due to their volatility and liquidity, the e-minis are also popular among institutional and high frequency trading firms. These characteristics make the e-minis attractive to new and professional traders alike.
TradingAt one-10th the size of regular FX contracts, the E-micros offer traders the opportunity to trade the forex in a regulated marketplace with reduced risks.
TradingDeciding which markets to trade can be complicated, and many factors need to be considered in order to make the best choice.
InvestingDeciding whether to trade stocks, foreign exchange or futures contracts typically comes down to risk tolerance, account size and convenience.
TradingThe increasing use of program trading makes market glitches inevitable - and sometimes disastrous.