FuturesBetting? Holy Moly !!

This is a discussion on FuturesBetting? Holy Moly !! within the Futures & Options forums, part of the Markets category; Hi minime, thanks for the quick reply. This is the message that I received from FB "We only offer the ...

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Old Jan 8, 2009, 12:06pm   #129
Joined Sep 2006
Hi minime, thanks for the quick reply. This is the message that I received from FB
"We only offer the quote of 1.5160 that so its usd/euro

The spread charge is .8 per side

It is $12.5 per tic movement per 1 lot"

So the lot size shows that it's Eur/USD, not the switched round version that they say they have, and what's that price? Do they not want me to sign up or something?!
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Old Jan 8, 2009, 4:23pm   #130
Joined Jun 2008
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Originally Posted by bootsyjam View Post
I hope someone can answer this question for me as the original point of this thread was to ask about futures betting and their service.
I'm looking to trade the Eur/USD futures contract, lots of good brokers out there but mainly in the US so annoying to open account+change money (sticky fingers syndrome). So I see futures betting is a mimic of the futures market and it's spreadbetting-fantastic! But I'm scuppered by what they offer-it's the USD/EUR, not the EUR/USD-I've looked around but can't find the pair this way round on any charting system so won't be able to trade it?! Got an email from the manager there that stated "We only offer the quote of 1.5160 that so its usd/euro". What? Current futures rate
for EUR/USD is approx 1.3550, so if you flip it round then to the USD/EUR then as I understand it, the rate should be nothing like that, and if it does exist anywhere, can someone tell me where to find the data feed etc?
i think you confusing yourself here, they quote E/$

and most charting packages will quote it this way aswell.
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