Forex Broker

Future (OTC) Indices

JMI Brokers offers trading in the most traded stock indices world wide The Dow Jones index, E-mini S&P 500 and E-mini NASDAQ 100.Get benefit from trading equity indexes futures products as these indexes cover the small-, medium- and large-cap companies in the U. S.
The principle of buying and selling for future delivery has characterized the markets for over a century and a half in physical commodities, mainly metals and staple foodstuffs. It has also been the feature of the foreign exchange markets, where prices can be agreed today for foreign currencies and other financial instruments that can be delivered in the future.

Futures Markets are markets in which participants can fix the price they will pay or receive for bonds, shares and currencies and other financial products, in the future (effectively the parties thus "lock into" a known exchange rate/price).

Trading is made by buying or selling futures contracts which are standardized according to the quality, quantity, delivery time and location for each instrument. A futures contract is specified with the month during which the delivery or settlement is to occur i.e. if the product is gold and delivery is in July then the price quoted is for July Gold.
There are three types of participants in futures markets, the one that wants physical delivery, the hedger who wishes to protect himself/herself against adverse movements in prices and the speculative investor.
The speculative investor has no intention of making or taking delivery of the commodity but, rather, seeks to profit from a change in the price. Investors buy a product when they anticipate rising prices i.e. entering long (and sell that product later, at the higher price), or sell a product when they anticipate declining prices i.e. entering short (and then buy that product later, at the lower price).

If you speculate in futures contracts and the price moves in the direction you anticipated, then you will be making profit. Conversely, if prices move in the opposite direction then losses are made. Speculators therefore are individuals and corporations who seek to profit from anticipated increases or decreases in futures prices.
For those individuals who fully understand and can afford the risks that are involved, the allocation of some portion of their capital to futures trading can provide a means of achieving greater diversification and a potentially higher overall rate of return on their investments.

Benefits of trading Stock Indices

  • Have the ability to invest in the US Market and get advantages of the global market exposure.
  • Investing into indices with very little capital and benefit from all market movements.
  • Specification

  • Product Name

    Symbol

    Contract Size

    Spread

    Order

    Minimum Fluctuation

    Margin

    Months Traded

    Expiration Date

    Trading Hours (GMT)

    E-Mini NASDAQ 100

    NQ

    USD 20 * Nasdaq100 Index value

    Market Spread

    5 pips

    0.25 tick = $5

    1,000 USD

    Mar, Jun, Sep, Dec.

    Mar15/03/07
    Jun14/06/07
    Sep13/09/07
    Dec13/12/07

    Sun Open: 23:00 - 21:15 Reopen: 21:30 - 22:00 Reopen: 22:00 - 21:15 Fri Close: 21:15

    E-Mini S&P 500

    ES

    USD 50 * S&P 500 index value

    Market Spread

    5 pips

    0.25 tick = $12.5

    1,000 USD

    Mar, Jun, Sep, Dec.

    Mar15/03/07
    Jun14/06/07
    Sep13/09/07
    Dec13/12/07 

    Sun Open: 23:00 - 21:15 Reopen: 21:30 - 22:00 Reopen: 22:00 - 21:15 Fri Close: 21:15

    Dow Jones

    YM

    Dow Jones index value

    Market Spread

    10 pips

    1 tick = $10

    1,000 USD

    Mar, Jun, Sep, Dec.

    Mar14/03/07
    Jun-13/06/07
    Sep12/09/07
    Dec12/12/07

    Sun Open: 23:00 - 21:15 Reopen: 21:30 - 22:30 Reopen: 23:00 - 21:15 Fri Close: 21:15

  • Trading Examples

    • Example 1: buying E-mini S&P 500 Future Contract

    A client believes that the E-mini S&P 500 index will rise; market now is 1408.00 / 1408.50. The client buys 3 lots at 1408.50. As expected the index rises and now its 1414.00/1414.25

    The client decides to sell 3 lots (close his positions) at 1414.00. To calculate his profit we should do the following:

      • (Closing price - opening price) - (1414.00 - 1408.50 = 5.5 points)
      • (Tick value * 5.5) /minimum fluctuation = (12.5 *5.5) / 0.25 = 275 * 3 (No. of lots) = 825
      • So the gross profit for this trade is 825 $

    • Example 2: Buying E-mini NASDAQ 100 Future Contract:

    A client believes that the E-mini NASDAQ 100 index will rise; market now is 1912.00 / 1912.50. The client buys 4 lots at 1912.50. As expected the index rises and now its 1925.75/1926 .The client decides to sell 4 lots (close his positions) at 1925.75. to calculate his profit we should do the following :

      • (Closing price - opening price) - (1925.75- 1912.50= 13.25 points)
      • (Tick value * 13.25) /minimum fluctuation = (5 *13.25) / 0.25 = 265*4 (No. of lots) = 1060
      • So the gross profit for this trade is 1060 $

    • Example 3: Selling Dow Jones index Future Contract:

    A client believes that the Dow Jones index will fall; market now is 13440 / 13442. The client sells 3 lots at 13440. Unfortunately the index rises and now its 13510 / 13511.The client decides to buy 3 lots (close his positions) at 13511. To calculate his loss we should do the following:

      • (Closing price - opening price) - (13511-13440= 71 points)
      • (Pip value * 71*No. of lots = (10 *71*3 = 2130
      • So the gross loss for this trade is 2130 $

American Stocks / Shares

The "CFD", or "Contract for Difference", was developed to allow clients to receive all the benefits of owning a stock without having to physically own the stock itself . For example, instead of purchasing 1,000 shares of General Motors from a stock broker, a client could instead buy a CFD on General Motors on the Falcon Brokers trading platform. A $5 per share rise in the price of General Motors would grant the client a $5,000 profit, just as if he had purchased the actual shares that are traded on the exchange. A major difference is that there are no exchange fees and many of the inefficiencies of trading the underlying shares on the exchange are eliminated. CFDs have grown in popularity dramatically over the past few years, and this will increasingly be the preferred way to trade the financial markets.

The other major benefit of trading a CFD is the fact that the client can trade on margin. CFD trading means clients can trade a full portfolio of shares without having to tie up large amounts of capital.

  • JMI Brokers LTD offer the following CFDs:

  • Name of Stock

    Symbol

    Contract Size

    Exchange

    Cost of Point

    Trading Hours (GMT)

    American Int. Group Inc. AIG 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    Amgen Inc. AMGN 1,000 Shares NASDAQ 0.01 = $10 16:30 - 23:00
    Citigroup Inc C 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    Cisco Systems CSCO 1,000 Shares NASDAQ 0.01 = $10 16:30 - 23:00
    eBay Inc EBAY 1,000 Shares NASDAQ 0.01 = $10 16:30 - 23:00
    Ford Motor Co F 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    General Electric GE 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    General Motors GM 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    Goldman Sachs Inc GS 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    Halliburton Company HAL 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    Int. Business Machine IBM 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    Intel Corp INTC 1,000 Shares NASDAQ 0.01 = $10 16:30 - 23:00
    Johnson & Johnson JNJ 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    Juniper Networks Inc JNPR 1,000 Shares NASDAQ 0.01 = $10 16:30 - 23:00
    3M Company MMM 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    Microsoft Corp MSFT 1,000 Shares NASDAQ 0.01 = $10 16:30 - 23:00
    Nokia Co. NOKIA 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    Pfizer Inc PEF 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    Qualcomm Inc. QCOM 1,000 Shares NASDAQ 0.01 = $10 16:30 - 23:00
    Redback Networks Inc RBANK 1,000 Shares NASDAQ 0.01 = $10 16:30 - 23:00
    Realnetworks Inc. RNWK 1,000 Shares NASDAQ 0.01 = $10 16:30 - 23:00
    Silicon Laboratories Inc. SLAB 1,000 Shares NASDAQ 0.01 = $10 16:30 - 23:00
    Storage Tech. Co STK 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    AT&T Corp T 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    Time Warner Inc TWX 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    Texas Instruments Inc TXN 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    Wall-Mart Stores WMT 1,000 Shares NYSE 0.01 = $10 16:30 - 23:00
    Exxon Mobil Co T 1,000 Shares XOM 0.01 = $10 16:30 - 23:00
    Yahoo Inc THOO 1,000 Shares NASDAQ 0.01 = $10 16:30 - 23:00
  • Our trading platform contains the following American Stocks / Shares Traded Instruments:

  • Instrument

    Execution

    Spread

    Type of Spread

    Pending Orders

    Orders

    Contract Size

    Maximum Lots

    Margin

    Margin on Hedge

    General Electric (GE) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Motorola Inc. (MOT) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Cisco Systems (CSCO) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Int Business Machine (IBM) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Intel Corp (INTC) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Microsoft Corp (MSFT) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Nokia Corporation (NOKIA) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Yahoo Inc (YHOO) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    3M Company (MMM) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    American Int. Group Inc. (AIG) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Citigroup Inc (C) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    EBAY Inc. (EBAY) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Goldman Sachs Group Inc. (GS) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Amgen Inc. (AMGN) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Ford Motor Co (F) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Halliburton Company (HAL) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Johnson & Johnson (JNJ) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Juniper Networks Inc. (JNPR) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Pfizer Inc. (PFE) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Qualcomm Inc. (QCOM) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    RealNetworks Inc. (RNWK) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Silicon Laboratories Inc. (SLAB) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    AT&T Corp (T) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Time Warner Inc. (TWX) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Texas Instruments Inc. (TXN) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Wall-Mart Stores Inc. (WMT) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
    Exxon Mobil Co. (XOM) Market 0 Floating 10 pips CDT 1000 Shares 25 2000 USD 0
wave

Trade with the best broker.

JMI Brokers AG
Swiss Asset and Funds Management Company
Bahnhofstrasse 21-6300
ZUG - Switzerland

JMI BROKERS AG, is a Swiss legal Corporation with its registered office in Zug with registration # CHE 334-229-499 and purpose of "Asset and Fund Management"

JMI Brokers LTD is a licensed Financial Services Provider from Vanuatu Financial Services Commission and authorized to carry business on Dealing in Securities under license number 15010

"Securities" means (as from the 2012 amendment) - (a) shares in the share capital of a corporation; or (b) an instrument that creates and acknowledges the indebt - securities that is issued by a corporation or a public office including: (i) debentures; or (ii) debenture stock; or (iii) loan stock; or (iv) bonds; or (v) certifications of deposit; or (c) a right, despite whether or not conferred by warrant, to subscribe for shares or debt securities; or (d) a right under a depositary receipt; or (e) an option to acquire or dispose of any security falling within any other provision of this Act; or (f) a right under a contract for the acquisition or disposal of the relevant securities under which the delivery is to be made at a future date and at a price agreed when the contract is made in accordance with the terms of that contract; or (g) the proceeds of Foreign Exchange; or FOREX (h) the proceeds of precious metals; or (i) the proceeds of commodities.

Risk warning

High Risk Investment Warning: Trading foreign exchange and/or contracts for differences on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. Before deciding to trade the products offered by JMI Brokers you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. JMI Brokers provides general advice that does not take into account your objectives, financial situation or needs. The content of this Website must not be construed as personal advice. JMI Brokers recommends you seek advice from a separate financial advisor.
All opinions, news, analysis, prices or other information contained on this website are provided as general market commentary and does not constitute investment advice, nor a solicitation or recommendation for you to buy or sell any over-the-counter product or other financial instrument.


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