Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

A new way to trade the Future

Published

on

Trade your opinion on yes-or-no questions in key CME Futures markets

Say you have a strong sense of whether the price of Gold will close above USD$2,000 today, and you wanted an immediate means of taking that position with a simple Yes/No push of a button.

Now there’s a new way to express that market sentiment immediately, and across a robust number of key futures products, via Interactive Brokers’ innovative trading platform.

Event contracts offer the most intuitive, straightforward way yet to access 10 of the world’s most important futures markets.

They are short-term, limited-risk contracts that streamline how you can take part in benchmark markets.

And it’s as simple as using event contracts to trade your opinion on Yes-or-No questions on whether key futures markets will move up or down by the end of each day’s trading session. 

Interactive Brokers’ just made it even simpler with its newly launched IBKR EventTrader platform.

TELL ME MORE

Event contracts are based on the outcome of an event and are short-term positions good for that trading day only. This provides investors with a straightforward way of participating in key futures markets.

You can select from event contracts in the Equity Index, Energy, Metals and foreign currency futures markets, and to trade, just choose YES or NO on an event contract.

You will be presented with a menu of short-term price predictions by product. To participate, just choose a side on a given prediction.

So, if you think the price of crude oil is going to rise on the news of an OPEC production cuts, you can buy a YES contract and benefit from any increase in the price of oil by the end of the day. 

Similarly, if you think the stock market is going to fall on disappointing news, you can buy a NO contract on an Equity Index Event Contract and profit from any decline.

Will the S&P 500 Index close above 3,900 today? Simply Yes or No.

Event contracts are settled in cash, so there is no need to worry about delivery or expiry.

HOW CAN YOU GET STARTED?

You don’t need a big investment to gain access to major futures markets’ daily activity, nor is there a big expense to enter a trade – between USD 0.25 to USD $19.75 per trade.

For each event contract you hold that expires “in the money”, in reference to the underlying futures settlement price, you receive a fixed payout of USD $20.00. Your max profit per contract is USD $20.00 minus the contract cost, fees and commissions. Event contracts are priced between USD $0.25 to USD $19.75 per contract and quoted in USD $0.25 increments.

Interactive Brokers offers a low, transparent commission of just USD 0.10 per event contract.

Event contracts also provide exposure to key futures markets while limiting an investor’s risk because the most one can lose is the price paid for the contract.

  • You can buy one contract or multiple contracts at once. 
  • You receive a fixed payout of $20 for each event contract you hold that expires “in the money,” minus contract cost, fees and commissions.

Basically, IBKR EventTrader empowers investors’ ability to take a position on their daily price predictions.

And it’s fun.

You can get more insights on eventtrader.interactivebrokers.com.

You can also get a concise and detailed EventTrader Demo in this webinar:  Trading CME Event Contracts at Interactive Brokers Using IBKR EventTrader Platform – IBKR Webinars

So if you’re looking for a new and straightforward way to trade key futures markets, check out IBKR EventTrader

With low commissions and no minimums, it’s easy to get started. Yes or . . . Yes.

Continue Reading

Money

France receives lowest credit rating due to crisis

France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

Published

on

France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

video
play-sharp-fill
In Short:
– Fitch Ratings downgraded France’s credit rating to A+, citing political instability and fiscal challenges.
– New Prime Minister Lecornu must secure budget approval amidst rising deficit and potential no-confidence vote.
Fitch Ratings has downgraded France’s credit rating from AA- to A+, the lowest ever recorded, amid ongoing political and fiscal challenges.
The decision comes shortly after Prime Minister François Bayrou was removed in a vote of no confidence regarding his €44 billion austerity plan.
President Emmanuel Macron has appointed Sébastien Lecornu as the new prime minister, marking the fifth leadership change in under two years.Banner

Fitch highlighted political instability as a key factor undermining fiscal reforms, with France’s debt now at €3.3 trillion, or 113.9% of GDP.

The budget deficit increased to 5.8% of GDP and is expected to rise, posing challenges ahead.

Political Instability

The new prime minister faces a divided parliament and must secure budget approval by October 7.

The far-left plans a no-confidence vote against Lecornu, complicating further cooperation on legislative reforms, with S&P Global hinting at a potential downgrade.


Download the Ticker app

Continue Reading

Money

Trump moves to fast-track removal of Fed governor Lisa Cook

Published

on

The White House is set to fast-track a ruling on firing Federal Reserve Governor Lisa Cook, just days before the crucial FOMC meeting.

The move comes as markets reel from surging inflation, weak jobless data, and global currency shifts, raising questions about the Fed’s independence and the stability of policy decisions.

Continue Reading

Money

ANZ job cuts spark banking clash

ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.

Published

on

ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.


ANZ has announced plans to cut 3,500 staff and 1,000 contractors over the next year, triggering a fierce debate between business leaders, unions, and government about the future of Australia’s banking sector.

The decision raises wider questions about the resilience of the business community and the role of politics, productivity, and technology in shaping employment.

#ANZ #Banking #Jobs #Unions #Australia #Economy #TickerNews


Download the Ticker app

Continue Reading

Trending Now