Flaherty sees U.S. deficit as biggest threat to recovery (source: The Globe and Mail)
Sunday, June 21st, 2009
More info…
Finance Minister says he’s worried about the slowness of country’s economic upturn (source: The Globe and Mail) - RSS widgets and RSS feeds on Feedzilla.com
Make money trading stock index futures
Making money trading stock index futures is the main aim of anyone entering this business. The option of future trading has set a new style of drawing more investors to stock market. The parties and the stock promoters involved in this trade play an efficient role by supporting the traders who are the actual active participants of the stock market. The future trading allows you to trade in numerous items such as gold, cotton, bond, and many more items. Stock indexing is yet another new concept that is acquiring popularity and is much a sought after feature for practicing trade. Stock index futures are gaining impetus and a many contracts are traded daily. Index futures are developed to reproduce the performances of the underlying index representing the future contract. Index futures exist for various global stock markets such as the Dow Jones Industrial Average, Russell 2000, S&P500, German DAX, French CAC40, London’s FTSE, and many other well established world markets. Index futures are used to hedge the existing equity positions or to speculate the movements of an index. Losses and gains are relatively large than to index ETF’s that performs its trade on the stock exchanges. This is so because the leverage is large in the futures contract. For instance, each S&P500 futures contract is taken as 250 times the index price. An Index future is cash settled and has no delivery at expiration of any security. A futures contract is accounted every quarter and expires in 3rd, 6th, 9th and 12th month on third Friday. Each contract is represented as H, M, U and Z indicating the expiration month as H for March, M for June, U for September, and Z for December. So any S&P future contract expiring on June 2008 will be indicated as SPM08. S&P500 futures is the accepted index futures for trading containing more than 500 large companies and so the movement is analytical of the entire market. Several day traders use these futures as a guide before the stock markets open at 9.30 am. The e-mini futures were another contract introduced to create liquidity into the futures market. This future is lesser that the S&P contract in value and represents the underlying index and thereby allows traders to participate. This contract is valued at 50 index price instead of 250 index price which means each point values $50 on S&P e-mini future and $250 on S&P big contract. Trading index futures ensures reaping large sum of money when it is done successfully.
