Trade CME e-Micro Index Futures commission USD 0.88

Enquiry：2277 6677

E-mail : futures@phillip.com.hk

Example: long 1 lot Micro e-mini Dow Jones Industrial Average Index (USD 0.5 per tick)

Terms and Conditions

CME Micro E-mini Index Futures commission USD0.88 for all online trading, exchange levy is USD 0.32.(except CME Micro E-mini Index Futures).
Fee and charges of Micro E-mini Index Futures: http:/www.poems.com.hk/zh-hk/product-and-service/foreign-futures/futures/?type=O
Active CME Micro E-mini Index Futures: Micro E-mini S&P 500 Index futures (MES USD5/tick), Micro E-mini Nasdaq-100 Index futures (MNQ USD2/tick), Micro E-mini Russell 2000 Index futures (M2K USD5/tick), Micro E-mini Dow Jones Industrial Average Index futures (MYM USD0.5/tick).
Free CME price feed is available for online application in POEMS, which is effective from now till further notice.

CME Micro E-mini Index Futures Contract Specification

Contract Name	Minimum Volatility	I. Margin (USD)	M. Margin (USD)	E-Session Trading Hours (HK Time)
Micro E-mini S&P 500 Index futures	0.25 tick = USD 12.5	1331	1210	(Mon~Fri) 06:00 am - Next Day 04:15 am, 04:30-05:00 am (1 hour delay during winter time)
Micro E-mini Nasdaq-100 Index futures	0.25 tick = USD 0.5	1936	1760
Micro E-mini Dow Jones Industrial Average Index futures	1 tick = USD 0.5	990	900
Micro E-mini Russell 2000 Index futures	0.1 tick = USD 0.5	787	715

Details of CME Micro E-mini Index Futures

Advantage of Trading Futures

High flexibility of futures and there is no short-selling restriction. Shorting futures is as simple as longing futures.
Save transaction costs, as long as the margin requirements fulfilled, can trade any number of times according to the scale of the transaction.
The transaction time is up to 23 hours.

Foreign Futures Introduction

The Financial Market is becoming more globalized and diversified. Traditional Stock Market can no longer fulfill a large proportion of investor’s needs. Thus, derivative products over various exchanges are growing vigorously these years. As many investors in Hong Kong are not familiar with the mechanism and risk of trading derivative products, they refuse to undergo trading derivative products.
In fact, trading Foreign Futures Products is not that complicated. If you manage your risk control, trading Foreign Futures Products is even more flexible than investing in stock. More index futures details

Trading Platforms

We provide various professional futures trading platforms. In addition to the Phillip online trading platform, you can also trade through the following platforms (specify when applying):

futures

Frequently Asked Questions

Margin Call

When the account equity falls below the maintenance margin level, Phillip will make best effort to issue margin call via phone, email or message (if applicable) etc., requesting client to restore the account equity to initial margin level within a specified time by one of the following action：

deposit the margin amount; or
transfer from other Phillip accounts; or
close out position.

Otherwise, Phillip will force liquidate the account position. Client shall remain liable for any deficit in the account.
Moreover, at volatile market conditions, Phillip reserves the right to call for margin deposit from time to time. Client should always pay attention to account position and allow sufficient equity to cover potential margin shortfall.

Force Liquidation Policy

Phillip will make best effort to call client margin, however, it may not be able to contact client timely due to various reasons (including volatile market condition). If client cannot restore the account equity to initial margin level within specified time, Phillip may request client to or force close position(s).

deposit the margin amount; or
transfer from other Phillip accounts; or
close out position

If equity falls below the required margin level or has negative balance when market opens after weekend or holiday, Phillip will make best effort to call client margin or force close position(s) at market price. Client shall remain liable for any deficit in the account.
Phillip will notify client any force liquidated position(s) by telephone, email or message, and also have those transactions identified in statement. If the force liquidation is not sufficient to cover negative balance in the account, client shall remain liable for any deficit in the account.