SMI

[mrdaxman]

Smi

Has anyone traded SMI futures? I'm trying to find out the $ value of 1 contract and also how liquid the market is and if you get a lot of slippage.

 

[Newtron Bomb]

quite low liquidity when i was looking at it, nice moves though...

stay with the dax mrdaxman

 

[al-motor]

SMi is 10 SFR per point which is about £4 so quite low compared to the dax-

It used to be ok, with quite wide range and intially i was doing ok, but the range has shrunk, together with the others !! although today it was not bad-

the spread can be wide, ranging from 1 to 4/5 points and like NB says not too liquid- if u can afford the dax, stick to that-