October 2024 – Phillip Nova is excited to announce its new trading service for Micro-DAX Futures and Micro-EURO STOXX 50 Futures, offering investors a cost-effective and flexible way to access key European benchmark indices with a competitive commission rate of just EUR 1.50 per contract.
Eurex Micro Futures are designed to provide individual traders with an opportunity to hedge and gain exposure to some of the most liquid and actively traded stock indices in Europe. These contracts are ten times smaller than standard futures and five times smaller than mini contracts, allowing for lower cash requirements and reduced margin obligations.
Key Benefits of Trading Eurex Micro Futures:
- Granular Trading Opportunities: With a smaller contract size, traders can enhance their risk-management strategies, including precision in Delta Hedging.
- Extended Trading Hours: The trading of Micro-DAX and Micro-EURO STOXX 50 futures comes with extended hours, providing more opportunities for global participants.
- Flexibility and Versatility: Eurex Micro Futures are fully fungible with regular and mini-sized contracts, enabling traders to adjust their positions based on changing market conditions.
Promotional Offer Details:
- The promotional period runs from January 3, 2023, to December 31, 2024.
- Eligible clients, including both existing and new Phillip Nova Pte Ltd customers, can take advantage of the promotional commission rates automatically upon account registration.
- Non-professional customers will also benefit from free market data for Eurex on the Phillip Nova trading platform.
Additional Information: To participate in this trading opportunity, prospective clients can register for a futures trading account through Phillip Nova’s website. The service is regulated as Specified Investment Products (SIP), ensuring that retail investors are assessed for suitability in leveraged trading.
For more details on the promotion and to open a trading account, please visit Phillip Nova’s website.
Phillip Nova remains committed to providing innovative trading solutions that empower investors to navigate the complexities of the financial markets with ease and confidence.
