E-Micro
E-Micro currency futures contracts are one-tenth the size of standard contracts so euro is attendant as .001=1 point and Japanese yen at .01=1 point. Currently six pairs trade on Globex around the clock on the trading floor, and all can be viewed on Equivalents with the same features as standard contracts. The six pairs are: euro/U.S. dollar, Australian dollar/U.S. dollar, British pounds/U.S. dollar, U.S. dollar/Japanese yen, U.S. dollar/Canadian dollar, and U.S. dollar/Swiss francs. The point of note is pair arrangements.
Standard futures contracts trade Japanese yen/U.S. dollar, Canadian dollar/U.S. dollar, and Swiss francs/U.S. dollar, while E-Micro contracts trade U.S. dollar/Japanese yen, U.S. dollar/Canadian dollar, and U.S. dollar/Swiss ...
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