
Sole Proprietor Application for Trading on CFE for CFE CBOE Form
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People also ask
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What is the value of a VX futures tick?
Stated in points and fractions, 0.05 points equal to $50.00 per contract for VX futures and 0.01 points equal to $1.00 per contract for VXM futures. The individual legs and net prices of spread trades may be in increments of 0.01 index points, which has a value of $10.00 for VX futures and $1.00 for VXM futures.
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What is the minimum tick in VIX futures?
The /VX is closely related to the VIX as it trades in anticipation of the future price of the VIX index. The VIX futures are worth $1,000 per point and the minimum interval for individual investors to participate in for each tick is . 05 points, or $50.
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What is CFE trading?
CFE is an all-electronic, open access market model with dedicated market makers and market participants providing liquidity. Futures on VIX®, Cboe's trademark Market Volatility Index®, provide a pure play on implied volatility independent of the direction and level of stock prices.
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What is the CFE rule 1202?
CFE Rule 1202(k). The minimum Block Trade quantity for the VX futures contract is 200 contracts if there is only one leg involved in the trade.
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What is the symbol for VIX futures?
Official name and symbol The official name of VIX futures as stated on the website of CFE is "CBOE Volatility Index (VIX) Futures". The ticker symbol of VIX futures is VX, but the symbols VIX or VI are also used in some trading platforms or market data sources.
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What is the VIX future basis?
The VIX futures basis is defined as the difference between the price of the VIX futures contract that has roughly one month to settlement and the VIX index. The VIX futures price change is measured from the contract that has one month to settlement at month t until it settles in month t+1.
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