I am interested in tracking the S%26amp;P futures, but I do not know its symbol. Can we track S%26amp;P futures with the symbol SPY?|||SPY is an ETF ... exchange traded fund. ETFs are electronically managed portfolios of shares [or options] designed to exactly mimic the price behavior of the index they shadow.
These are not futures contracts. Futures are an agreement to deliver [or receive] an agreed commodity in the future [at expiration]. they trade today for prices which may be somewhat different from the actual commodity's current value and usually allow huge leverage.
e-minis are a form of futures, operating at [usually] 1/10th the contract size of a regular futures contract. this brings them down into the price range of many more traders.
PLEASE -- read the details and disclaimers about all futures before you go placing any bets on them of any sort -- your broker will provide these. If you do NOT understand what you're reading, that is the first clue that trading futures is not for you.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment