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The new ‘micro’ crude oil contract was listed this week on the CME. So far so good it seems.
The micro is not a different style of futures contract from other futures. It simply refers to the contract size. They are smaller. The upside is smaller, downside is smaller, and comms are smaller.
Tips for traders:
OK, here are some ideas to get started or think about:
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Coming up, well next month we have micros in the treasuries, which I think will be fantastic. We’ll talk more about it when they launch.
Until then, good trading.