Cannon Trading Is Now Offering Micro E-Mini Futures Contracts

BEVERLY HILLS, Calif., May 7, 2019 (Newswire.com) -  ​Today Cannon Trading announced a new opportunity for its existing clients and new traders, the new CME Group Micro E-Mini Futures Contracts. These new contracts equal more diverse and cost-effective options for traders from Cannon, a trusted independent broker with over 30 years of business behind them.

The Micro E-Mini is a smaller contract, creating an easier way for traders to access the equity index futures markets. Micro E-Minis are a tenth of the size of a traditional E-Mini contract, allowing for lower margins and requiring less cash than their standard counterparts.

The Micro E-Mini has made futures trading more accessible to the independent single investor, experienced traders will enjoy the efficiency of the contract, the ability to sell short with ease, and the possibility of benefitting from short- and long-term profit and loss tax rules. Also, I think it will attract a lot of new traders in the market. First-timers will enjoy the lower margins.

Meir Levy, CEO

These contracts allow for more affordable options for futures traders who are newer or looking to incur less risk. This allows for a much larger pool of traders, and Cannon is excited to bring in new traders as well as offering more diverse and flexible portfolio options to their current clients.

The economic aspect of the Micro E-Mini is perhaps is the largest draw. In the S&P a trader traditionally must maintain a minimum margin of $6,000, but with the new Micro E-Mini, that margin may now be as low as $600. With these affordable margins, more and more traders will now be able to make investments based on where they think the markets may be headed with Stock index futures contracts. Those who now trade with exchange-traded funds (ETFs) can now more easily expand to the futures market.

Cannon Trading stresses the importance of finding a broker that offers the most up-to-date technology and resources available. They also stress the importance of choosing a firm whose brokers have experience and specialize in an array of market corners, thus making it easier for them to customize their services to every trader’s needs and objectives. “At Cannon Trading we offer an expansive selection of cutting-edge technology, and our brokers are knowledgeable and experienced enough to assist any level of trader with his or her needs.”

Existing traders are encouraged to look into the new Micro E-Mini and how it can diversify their portfolios, as well as helping them trade again after a drop without committing additional resources. New traders to the futures markets are encouraged to look at how Micro E-Mini contracts can help them break into the market on low-margin contracts. Predictions are strong that these new contracts will generate a large amount of interest quickly thus becoming very liquid with good trading volume.

More information on the Micro E-Mini futures contract offered by Cannon Trading can be found at https://www.cannontrading.com/tools/support-resistance-levels/micro-e-mini-futures-next-big-thing-equities-trading/

About Cannon Trading Co, Inc.: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

Please visit us at: www.CannonTrading.com or call us at 800-454-9572

Important: Trading commodity futures and options involves a substantial risk of loss.  These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.