Trading Advantages
In conjunction with the growth in electronic markets and advancements in technology, there has been a corresponding increase in the number of people who engage in day trading the futures markets. Through our Clearing Firm, Vision Financial Markets, a self-clearing securities broker/dealer and a self-clearing Futures Commission Merchant in all of the primary U.S. futures markets, GreenWave is well positioned to cater to the needs of serious day traders across all of these asset classes.
Why day trade through GreenWave?
GreenWave provides the platforms, pricing, execution, data and support that day traders need to attempt the successful implementation of their respective day trading strategies.
Platform - GreenWave provides platforms to all types of traders including basic platforms that provide for technical analysis and quick executions to the most advanced plaforms that allow for automated systems trading. All traders have access to the major U.S. futures markets. Click here for more information about the specific trading platforms available through GreenWave.
Pricing - For clients who actively day trade through GreenWave, we are able to provide competitive pricing across the various asset classes.
Execution - There is very low latency for rapid execution of electronic orders and we support various types of orders including some unique order types that provide for potential price improvement.
Data - Primary day trading platforms provide clients with free real-time market data (streaming level 1 and level 2 data) on a non-throttled basis free of charge regardless of whether the client is deemed a professional or non-professional user of market data.
Support - GreenWave has been and remains completely focused on providing the highest possible level of customer service to our valued clients.
Day Trading Futures
Futures trading provides for significant leverage of 10-1 or greater. The minimum amount required for each account depends upon the type and number of contracts that are traded. Client’s intra-day leverage on a position will be restricted on a per contract basis. Overnight futures margins are set by the exchanges, but intra-day levels can often be significantly lower than overnight limits and are negotiated by the Futures Commission Merchant. Please be advised that the high degree of leverage that is often obtainable in commodity trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. Please also be aware that day trading may generate a larger number of executed trades which may lead to a proportionally higher amount of commissions and fees paid by the customer.
Click here to learn more about futures margins available through GreenWave.
Traders can day trade futures with a lower balance than on the securities side and they have the ability to go short as easily as going long. An additional benefit of trading through GreenWave is our FCM's membership in the One Chicago Exchange for Single Stock Futures.
Futures are marked-to-market each day and there must be enough funds in the account to cover the margin requirement when you place the trade versus T+3 settlement for stock trades or T+1 for stock options. Pricing for futures day trading is determined based on factors including the account balance (i.e. intended funding value), trading intra-day versus overnight (position) trading, options on futures versus futures contracts, trading volume and other factors. Contact GreenWave to learn more and to obtain a quote.
> Contact GreenWave for more information
TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.