Eurex Micro Product Suite | Interactive Brokers LLC (2024)

Sometimes, size does matter.

Eurex Micro Product Suite
Available at IBKRfor the Lowest Cost1

The exact hedging tool for
global investors

The Eurex micro contracts are designed in parallel to the established EURO STOXX 50® and DAX® derivative contracts. Eurex micro futures and options are five to 25 times smaller than the regular products, giving trading participants, which reflect a variety of trading needs, the opportunity to hedge and gain exposure to the European benchmark indexes with low contract values.

A cost-efficient way to access European markets

The Eurex micro product suite has low daily margin rates and is therefore a cost-efficient way to add Europe (Belgium, Finland, France, Germany, Ireland, Italy, the Netherlands, Spain and Switzerland) to your equity index portfolio.

Access to highly traded benchmarks

EURO STOXX 50® and DAX® derivatives are amongst the most liquid equity index products in Europe. Our extended trading hours create more trading and hedging opportunities for global trading participants in the different time zones.

Lowest Cost1

ESTX50

Micro-EURO STOXX 50® Futures

EUR 0.07 to 0.25

PER CONTRACT

plus exchange and
regulatory fees

DAX

Micro-DAX® Futures

EUR 0.07 to 0.25

PER CONTRACT

plus exchange and
regulatory fees

DAX

Micro-DAX® Options

EUR 0.07 to 0.25

PER CONTRACT

plus exchange and
regulatory fees

View Futures Commissions

Eurex Micro Product Suite Contract Specifications

Micro-EURO STOXX 50® FuturesMicro-DAX® FuturesMicro-DAX® Options

Underlying Indices

EURO STOXX 50®

DAX®

DAX®

Eurex Product Code

FSXE

FDXS

ODXS

TWS

ESTX50

DAX

DAX

Bloomberg Ticker

MZTA Index

MZSA Index

DAXC <expiry> C/P <strike> Index

Refinitiv Ticker

FSXE

FDXS

ODXS

Multiplier

EUR 1

EUR 1

EUR 1

Contract Value2 (per index point)

EUR 3,688.33

EUR 13,459.85

N/A

Minimum Price Change (per index point)

Outright: 0.5
Calendar: 0.25

Outright: 1.0
Calendar: 0.5

Bid up to EUR 25: 0.1
Bid up to EUR 250: 0.5
Bid > EUR 250: 1.0

Tick Value (in bp)

EUR 0.5
(1.36 bp)

EUR 1
(0.74 bp)

EUR 1
(0.1 = 0.074 bp, 0.5 = 0.37 bp, 1.0 = 0.74 bp)

Contract Terms

The first three quarterly months with a term of up to 9 months.

The first three months and the following three quarterly months with a term of up to 12 months.

Last Trading Day / Final Settlement Day

Third Friday of the relevant month at 12:00 CET

Third Friday of the relevant month at 13:00 CET

Third Friday of the relevant month at 13:00 CET

Final Settlement Price

Average price of the underlying in the period between 11:50 -12:00 CET

Based on the intraday auction price of the index constituents

Based on the intraday auction price of the index constituents

Eurex Trade Entry Services – Minimum Block Trade Size

20,000 Contracts

2,500 Contracts

N.A.
(order book only)

Trading Hours

01:10 – 22:00 CET

01:10 – 22:00 CET

09:00 –17:30 CET

Eurex Micro Product Suite | Interactive Brokers LLC (1)

Learn More about the
Eurex Micro Product Suite

To learn more about the new monthly records for the Micro-futures
segment, please visit the Eurex Micro Product Suite

Additional Resources

Visit the Eurex website to learn more about the Eurex Micro Product Suite.

Webcast (replay)

Interested in Trading Eurex Micro Product Suite Futures at IBKR?

IBKR Clients – Log in to Client Portal

If you already have Futures trading permission, you can begin trading Eurex Micro Product Suite futures.

If you do not already have Futures trading permission, log in to Client Portal and request Futures trading permission via the Settings > Account Settings > Trading Experience & Permissions menu item. Trading permission requests are typically approved overnight.

Log In

New Client? Open an IBKR Account

Interactive Brokers (Nasdaq: IBKR) is an automated global electronic broker who serves individual investors, hedge funds, proprietary trading groups, registered investment advisors and introducing brokers. Our four-decade focus on technology and automation allows us to provide our clients with a uniquely sophisticated, low cost global platform for managing investments.

Enjoy low cost access to stocks, options, futures, currencies, fixed income and ETFs on over 150 market centers in 34 countries. Learn why Barron's rated IBKR as “Rated #1 – Best Online Broker” in 2023.3

Open an Account

Disclosures

Options and Futures: Options and Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading options read the "Characteristics and Risks of Standardized Options". Before trading futures, please read the CFTC Risk Disclosure. Copies of these disclosures are available at Interactivebrokers.com

  1. Lowest Cost Broker according to StockBrokers.com Online Broker Survey 2023: Read the full article Online Broker Reviews, May 18, 2023. "Because Interactive Brokers' core clientele are professional traders and institutional investors (e.g., hedge funds), it is crucial to provide the lowest commissions schedule available. In our rigorous assessment, there is no question Interactive Brokers delivers."
  2. Calculation based on product index closing price as of 4 November 2022.
  3. For more information, see our awards page.
What are Eurex Micro Futures Contract?

Eurex Micro Product Suite | Interactive Brokers LLC (2024)

FAQs

What is the margin on a micro Emini? ›

With Micro E-minis, a trader's performance bond, or margin—a financial guarantee required of both buyers and sellers of futures contracts to ensure fulfillment of the contract—could run from just 5%–7% of the notional value of the contract.

How much does a micro futures contract cost? ›

Micro E-mini futures contract specifications. S&P 500 futures: 0.25, worth $1.25 per contract.

Can you trade micro futures on Interactive Brokers? ›

Access a wide range of products with a comprehensive suite of trading tools, algorithms and order types. Use micro futures and options to trade a slice of the liquid futures and options markets with the same efficiency as standard contracts with less upfront commitment.

Can I borrow money from Interactive Brokers? ›

Borrow. Borrow funds at USD 5.83% - 6.83% from a single brokerage account.

How much is 1 E-mini contract worth? ›

The E-mini moves in 0.25-point increments, and each one of those increments equates to $12.50 on one contract.

How much capital do you need to trade micro futures? ›

Trading Micro Futures Contracts: Our Recommendation

For those looking to day trade micro futures contracts like the MES (Micro E-mini S&P 500), MNQ (Micro E-mini Nasdaq-100), M2K (Micro E-mini Russell 2000), and MYM (Micro E-mini Dow Jones), we recommend a minimum deposit of $1,000.

Can you make money in micro futures? ›

Are you still asking yourself if there is enough potential each day to earn real money day trading the micro futures contract? The answer is yes! The average trading range from high to low is over 50 points each day. A 50 point move has a dollar value of $250 per contract.

How many E-mini contracts can I trade? ›

How Many E-mini Contracts Can I Trade? Theoretically, you can trade as many E-mini contracts as your account balance allows you. Because E-mini contracts are traded on margin ($500/contract) you can trade more contracts with less money.

What is the best platform to trade futures? ›

Best online brokers for futures
  • Interactive Brokers.
  • E*TRADE.
  • Charles Schwab.
  • tastytrade.
  • TradeStation.

Do professional traders use Interactive Brokers? ›

"Because Interactive Brokers' core clientele are professional traders and institutional investors (e.g., hedge funds), it is crucial to provide the lowest commissions schedule available.

Are Interactive Brokers good for trading futures? ›

Best for Professional Futures Traders Interactive Brokers. For standard futures IBKR Lite customers pay $0.85 per contract. $0.25 per mini contract. Cryptocurrency futures $0.10 to $5 per contract.

How much money do you need to open Interactive Brokers? ›

To open an Interactive Brokers account, the required minimum deposit for a basic Cash account is $0, meaning there is no minimum deposit. To actually start trading, you need to deposit at least $100. If you want to trade on margin (ie.

Is it safe to keep money in Interactive Brokers? ›

Since IBKR does not make proprietary bets, the risk of IBKR going bankrupt and client funds being tied up in a liquidation is significantly less than other broker-dealers that which take proprietary positions.

How do I withdraw from Interactive Brokers LLC? ›

Enter Withdrawals
  • Click Transfer & Pay > Transfer Funds. ...
  • If you have multiple accounts or account partitions, or if you have a master account and you manage one or more client or sub accounts, the Account Selector opens. ...
  • From the menu options select Make a Withdrawal.

How much can you withdraw from Interactive Brokers per day? ›

Accounts that do not participate in our Secure Login System are limited in the amount of money that can be withdrawn. Account holders without a security device are limited to a maximum withdrawal of 50,000 USD per day and a maximum withdrawal of 100,000 USD in five business days.

What is the margin on mini corn futures? ›

Corn Mini May '24 (XNK24)
Barchart SymbolXN
ContractCorn mini-sized
ExchangeCBOT
Tick Size1/8 cent per bushel ($1.25 per contract)
Margin/Maintenance$286/260
8 more rows

What is the initial margin requirement for E-mini? ›

Margins. The initial margin requirement on E-mini S&P 500 futures contracts is $5,060 with a maintenance margin of $4,600. The overnight initial minimum is another thing to take into consideration when trading E-minis. This is the amount of money needed to hold your position in the market after close.

What is the leverage in E-mini futures? ›

Leverage is the ability to control a large contract value with a relatively small amount of capital. In the futures market, that capital is called performance bond, or initial margin, and is typically 3-12% of a contract's notional or cash value. Assume that one E-mini S&P 500 future has a value of $103,800.

How much margin is required for MES futures? ›

Futures Margin Rates
DescriptionSymbol RootIntraday Rate
Indexes
MICRO ESMES10%
MICRO NQMNQ25%
MICRO RUSSELLM2K25%
69 more rows

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