We are excited to announce you can now trade right from the chart in MarketDelta Cloud! This has been one of our top requested features and we have made it slick and easy to use, just like the rest of the app.
Benefits of Trading From the Chart
Trade from the charts can be used stand alone or alongside a DOM (depth of market). Orders can be place anywhere within the app and then modified on the chart.
OCO’s can be added to orders already placed, making it easy to manage orders already working in the market. Watch our video to learn more!
MarketDelta Cloud is excited to announce Asia’s Most Liquid Futures Contract (Mini-Nikkei 225) is now available for Live Trading.
Mini-Nikkei 225 is the most liquid equity index futures contracts in Asia. The notional value of one contract is 100 times the value of the Nikkei 225. It is a tenth of the contract size of Nikkei 225 Large Contracts.
The daily trading volume of the mini-Nikkei 225 is very close to the ES (Emini SP500) and the liquidity is very good as well.
Contact your broker and ask them to enable your live account for the mini-Nikkei 225 which trades on the Osaka Exchange (JPX).
MD Cloud Symbol: MJNK (For example – MJNKM6)
Trading Hours: Open 7pm CST (Chicago) – Closes 1:10am CST (Chicago)
Tick Value: 1 Tick = 500 YEN or approx. $4.56 USD at today’s exchange rate.
The PnL shown in MD Cloud is YEN. So you would need to do the conversion to understand how many dollars your profit or loss would be. For instance, a realized PnL of 25000 Yen would be $228 USD at today’s rate.
Ways to Trade
Because this contract is based in Japan, its primary session is during the Asian open. That is evening hours here in the US, so anyone who works a full day could come home, have dinner, and then trade the primary session of the Nikkei 225 for a couple of hours during its busiest time.
Another way to trade it would be alongside Europe or the US morning session as a hedge or simple a correlated market to the other primary stock index futures.
This really looks like a great contact to trade with all the liquidity and price swings it offers. Good Trading!
There are always new features and functionality going into MD Cloud but we wanted to provide at least a quick walk through of the features and functionality to date. This video touches on each major feature within the app and gives you a quick idea of how to use it. Enjoy!
We are thrilled to announce the ability for brokers and FCM’s to white label MarketDelta Cloud! In less than a week (start to finish) we can custom tailor the solution for you and provide:
Branded Sign-On Page
Having your own trading software and brand helps keep clients longer.
Regardless of whether you choose to create your own branded solution or not, MD Cloud will always be available to you and your clients.
We want to help you grow your brokerage! Give us a call today at 1.312.922.7800 or learn more here.
We’re famous! Well not really, but we are on Periscope now and broadcasting each weekday at 8AM CT. Each morning we will provide a short market overview of what to expect and any important news items to on the lookout for. Depending on market action and new events, we may come on a few more times throughout the trading day to review what might or did happen. Each “scope” will typically last between 3 and 10 mins.
Our goal with Periscope is to provide timely and relevant trading content.
We Will Broadcast
What Is Periscope?
How Do I Follow Someone?
You can watch recordings we have done in the last 24 hours at http://periscope.tv/marketdelta.
To learn more about Periscope visit this page: https://help.periscope.tv/.
DOM triggered stop orders are synthetic orders which work on the server and monitor the inside market (best bid and best ask) and only let your stop be triggered if a certain quantity available is left to trade. This prevents you from so easily “being stopped out” when just a few contracts trade at the stop price.
Instead, a certain threshold is set so that the market can trade at your stop price but won’t be triggered until the quantity remaining decreases to a value you set.
MarketDelta Cloud includes this functionality for free in its online futures trading platform. Get a demo of it at cloud.marketdelta.com. To learn more about the specific of DOM Triggered Stops, read on or watch this video.
The stop order is only activated if the Inside Market Threshold is met. The Inside Market Threshold is the value you set for bid or ask quantity of the inside market. When the inside market is less than or equal to the Inside Market Threshold the stop order will be triggered.
So there are 2 parameters to set for DTSP. The distance in ticks the stop order gets placed and the inside market DOM threshold. Ex. The Stop amount is 10 and the amount in parenthesis is 100. This would submit the DSTP order 10 ticks from entry AND then require the inside market (best bid or best ask) become a value less than 100. DOM triggered stops are fully synthetic and supported on all Exchanges.
DSTP – DOM Triggered Stop – DOM triggered stop orders behave like a stop order but do not trigger until the bid or ask quantity is less than or equal to the Inside Market Threshold which you set. So there are 2 parameters to set for DTSP. The distance in ticks the stop order gets place and the inside market DOM threshold. Ex. The Stop amount is 10 and the amount in parenthesis is 100. This would submit the DSTP order 10 ticks from entry AND then require the inside market (best bid or best ask) become a value less than 100. DOM triggered stops are fully synthetic and supported on all Exchanges.
DTSTP – DOM Triggered Trailing Stop – The same in all respects to DSTP orders but these also have a trailing component which behaves exactly like the TSTP order.
Learn more by visiting this article in our knowledge base.
We just pushed out an awesome update to MarketDelta Cloud. Here is a short list of the primary new features and enhancements.
Yesterday I had the privilege of being interviewed by Anthony Crudele, host of FuturesRadio. FuturesRadio is a podcast focused on the futures industry. Listen as I tell the brief story behind MarketDelta, how the footprint chart came about and a unique way to apply it, and then where I see technology leading traders over the next few years.
This week Eurex Group launched a mini-Dax futures contract that is 1/5th the size of the “big” Dax (FDAX) contract. We expect this contract to catch on very well with retail traders because of the volatility it offers and the smaller contract size resulting in less margin required to trade it.
Eurex has registered market makers that are providing liquidity and judging by the depth of market from MarketDelta Cloud it already has people trading it. Contact your broker to get enabled to trade the mini-Dax!
The Edge trader education and training program has grown so exponentially that we created additional Tracks.
For example, Track 4 has 35 sixty to ninety minute coaching sessions. These classes are done live each week, and then uploaded into Track 4 for convenient access.
Track 5 has dozens and dozens of 2 minute clips of distinct trading set ups. In here, we SHOW you what to look for instead of just telling you.
Finally Track 6, is a bonus team room. This team room is unlike anything in the educational space. We connect Edge members to each other in a “virtual office” of like minded traders.
Learn more at http://edge.marketdelta.com and check out the new website!
Watch our NEW promo video!