THINK BIG & TRADE SMALL WITH MICRO FUTURES CONTRACTS THAT ARE BUILT, SIZED, AND PRICED RIGHT
The Benefits of Trading Nano & Micro:
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TRADE 23/5
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LOWER COST & LESS CAPITAL REQUIRED
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NO MARKET DATA FEES
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HIGHLY CORRELATED TO EXISTING BENCHMARKS
WHY FAIRX FOR SIERRA FUTURES MICRO TRADERS?
FairX was founded in collaboration with leading industry firms to deliver futures products that meet the needs of active retail investors globally.
FairX products offer Sierra Futures traders the appropriate exposure to benchmarks, allowing you to track liquid markets using an accessible product design.
Exchange Fee Comparison
VS.
Micro Equity Indices
|
FairX |
$0.05 per side |
|
CME |
$0.25 per side |
Micro Crude
|
FairX |
$0.02 per side |
|
NYMEX |
$0.50 per side |
Available Micro Futures Contracts
FairX smaller-sized contracts are designed to make futures trading of micro contracts at Sierra Futures more accessible.
TRADE BLOOMBERG US LARGE CAP INDEX FUTURES
in Two Smaller Contract Sizes:
Nano B5
Micro LB5
Sierra Futures micro futures traders can capitalize on the around-the-clock liquidity of Bloomberg US Large Cap Index Futures and take advantage of one of the most efficient and cost-effective ways to gain exposure to an index that tracks the 500 largest U.S. companies by market capitalization and is highly correlated to major US equity benchmarks.
Nano Bloomberg US Large Cap Index Futures*
|
Contract Unit |
$100 x NBF Index (~20-point level)/~$2,000 notional |
|
Trading Hours |
Sunday-Friday 6pm – 5pm ET |
|
Minimum Price Fluctuation |
0.01 index points=$1.00 |
|
Product Code |
B5 |
|
Listed Contracts |
Quarterly contracts (Mar, Jun, Sep, Dec) listed for 3 consecutive quarters |
|
Settlement |
Financially Settled |
|
Termination Of Trading |
Trading terminates at 4pm ET on the 3rd Thursday of the contract month |
|
|
*subject to regulatory review |
Micro Bloomberg US Large Cap Index Futures*
|
Contract Unit |
$10 x MBF Index (~2,000-point level)/~$20,000 notional |
|
Trading Hours |
Sunday-Friday 6pm – 5pm ET |
|
Minimum Price Fluctuation |
0.10 index points=$1.00 |
|
Product Code |
LB5 |
|
Listed Contracts |
Quarterly contracts (Mar, Jun, Sep, Dec) listed for 3 consecutive quarters |
|
Settlement |
Financially Settled |
|
Termination Of Trading |
Trading terminates at 4pm ET on the 3rd Thursday of the contract month |
|
|
*subject to regulatory review |
*CQG transaction fees waived until the end of 2021
PRODUCT CORRELATION: 99.94%*
S&P 500 + Micro Bloomberg US Large Cap Index (MBF)
*Correlation of daily closing prices from 12/7/2017 through 10/04/2021
TRADE SUPERTECH INDEX FUTURES
in Two Smaller Contract Sizes:
Nano TEC
Micro LTEC
SuperTech Futures offer Sierra Futures micro futures traders exposure to the key companies shaping the future of technology innovation. The SuperTech Index tracks 15 of the largest, most liquid, and prominent US tech stocks, and represents companies engaged in high-growth tech, media, and manufacturing industries. SuperTech tracks Facebook, Amazon, Apple, Netflix, and Google and goes beyond FANG names to include companies such as Tesla, PayPal, and Zoom to truly reflect the broader tech sector.
Nano SuperTech Index Futures*
|
Contract Unit |
$100 x Prime SuperTech Index(~30-point level/ $3,000 notional) |
|
Trading Hours |
Sunday-Friday 6pm – 5pm ET |
|
Minimum Price Fluctuation |
0.01 index points=$1.00 |
|
Product Code |
TEC |
|
Listed Contracts |
Quarterly contracts (Mar, Jun, Sep, Dec) listed for 3 consecutive quarters |
|
Settlement |
Financially Settled |
|
Termination Of Trading |
Trading terminates at 4pm ET on the 3rd Thursday of the contract month |
|
|
*subject to regulatory review |
Micro SuperTech Index Futures*
|
Contract Unit |
$10 x Prime SuperTech Max Index (~3,000-point level/$30,000 notional) |
|
Trading Hours |
Sunday-Friday 6pm – 5pm ET |
|
Minimum Price Fluctuation |
0.10 index points=$1.00 |
|
Product Code |
LTEC |
|
Listed Contracts |
Quarterly contracts (Mar, Jun, Sep, Dec) listed for 3 consecutive quarters |
|
Settlement |
Financially settled |
|
Termination Of Trading |
Trading terminates at 4pm ET on the 3rd Thursday of the contract month |
|
|
*subject to regulatory review |
*CQG transaction fees waived until the end of 2021
PRODUCT CORRELATION: 99.57%*
NDX Index + SuperTech Index
*Correlation of daily closing prices from 12/7/2017 through 10/04/2021
MICRO CRUDE OIL FUTURES
Micro OIL
Sierra Futures Micro Crude Oil small contracts and low fees allow everyday traders to access one of the most actively traded global markets around the clock.
Micro Crude Oil Futures
|
Contract Unit |
100 Barrels x WTI Crude Oil Price (~$70 WTI Price/~$7,000 notional) |
|
Trading Hours |
Sunday – Friday 6pm – 5pm ET |
|
Minimum Price Fluctuation |
0.01 index points = $1.00 |
|
Product Code |
OIL |
|
Listed Contracts |
Monthly contracts listed for nearest two months |
|
Settlement |
Financially Settled |
|
Termination Of Trading |
Trading terminates 2:30pm ET 4 business days prior to the 25th calendar day of the month prior to the month of the contract |
|
Indicative Initial Margin |
Expected at ~10% or $700 |