Trading Educators Blog
Looking for new futures markets to trade? Alternatives to the TF? Check out Eurex!
With the ICE rising their market data fees to $117 per month, many traders are thinking about alternatives to trading the Russell 2000 (TF) for example. Sure, it's just 12 ticks in the TF you might say, but that doesn't make it better...any additional trading costs you can save, you want to save!
Regarding the Russell 2000 (TF) you might want to have a look at the EMD traded at Globex. Yes it has much less liquidity than the TF but depending on your trading style and lot size it might be just fine and it moves a lot like the TF.
But you might also want to have a look at some of the Futures traded at Eurex. First of all there's the Dax Future (FDAX), which is a very volatile market and a huge contract at the same time. It can easily move about 7000 EUR within in a single day! Which is way too much for most traders, but there's also the Mini-Dax Future (FDXM) now which is 1/5 of the size of the DAX. It's becoming quite popular and liquidity is rising steadily. It's still not perfect though but depending on your trading style might be a market to consider, specially if you're looking for a market that is a bit like the TF.
There's also the FESX, EuroStoxx50 Future, which is very liquid and regarding it's intraday movements a bit like the ES. And not to forget the Bund Future (FGBL) which is super liquid and has a relatively low contract size making it a nice market for traders with smaller accounts. Yes it can be a bit "slow" but that isn't a bad thing depending on how you approach the market. I've found the Bund to be a very technical and accurate market to trade. Way less surprises here than in the Dax which tends to go crazy for no reason much more often.
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