Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Sign in to follow this  
Followers 0
Soultrader

ELX Futures Exchange Intro

By Soultrader, in Futures

Recommended Posts

Soultrader    12

Soultrader
Posted

Taken from the ELX website description:

 

"ELX Futures, L.P. (ELX Futures) is a new fully regulated electronic futures exchange formed in December 2007 by leading financial institutions to establish a faster, more efficient competitive alternative for global market participants trading futures contracts. Starting July 10, 2009, with a slate of four U.S. Treasury futures contracts, ELX Futures will allow for market arbitrage, outright and spread execution and cash/futures basis trading through multiple front ends and an ultra fast matching engine. "

 

ELX was setup by banks and financial institutions in order to compete with Globex. From my understanding the formation of ELX was due to inflexibility of the exchanges and increase in commissions. Currently ELX only holds treasury futures.

 

The following instruments are available: 2yr, 5yr, 10yr, and 30yr

 

Margin rates:

 

attachment.php?attachmentid=12523&stc=1&d=1248831222

 

 

10yr chart:

 

attachment.php?attachmentid=12524&stc=1&d=1248831397

margin.jpg.af281095d93c85cd7fff1fb4090c4663.jpg

zne.jpg.06b07704490986af33349d0df0418e6f.jpg

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
Sign in to follow this  
Followers 0
Go To Topic Listing
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.

  I accept