What does E- Micro Forex Futures mean?
1/10th the standard contract size of FX Futures. E-Micro FX Futures are 1/10th of the size of standard Forex futures. For example, E-Micro EUR/USD has contract size of 12,500 euros compared to standard contract size of 125,000 euros.
Futures Knowledge Explains E- Micro Forex Futures
E-Micro FX Futures are traded on exchange like other forex futures and regulated by the Commodity Futures Trading Commission. E-Micro FX Futures for six Currency Pairs: EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD, and USD/CHF are available for trade on the Chicago Mercantile Exchange. As contract size is small, they carry lower risk.