Any UK Futures or Instrument That Reflects the UK Economy?

[FrankTheTank]

Thanks for everyones help.

1. I am looking to scalp economic reports out of the UK. Based on what is said here, it seems liquidity may be an issue and I would probably get into a trade at the top or bottom of any spikes which would not be good

2. Can US citizens trade these indices? I cant find them on Tradestation.

Thanks!

[forsearch]

IDax,

I'd strongly consider checking the spread on the FTSE250 contract before trading it, whether day trade, swing trade, or position trade.

Just because someone is on the other side, doesn't mean you'll get a favorable price for your entry or exit.

Frank,

Just because you can't find it on Tradestation, doesn't mean US citizens can't trade them.

Try another broker, like Open E Cry or Interactive Brokers that should have them.

-fs

P.S. I wouldn't even contemplate "scalping" the FTSE250 on UK econ reports. Try forex or currency futures instead.

[BlowFish]

Thanks for the table Forex. Technical analysis of stocks and commodities has a useful table of futures contracts (I don't subscribe any more) that provides this sort info along with margin and average daily movement.

The market (FTSE) has been open 45 minutes and is now 2 bid 2 asked with a 3 tick spread. Just tightened up to 1 tick 6 v 1. I

From the original post if you want to trade based on UK fundamentals I guess second to second gyrations will not be of much concern .

[forsearch]

That's FTSE100, right?

[BlowFish]

Yes indeed, never looked at the 250.

Been wanting to go short all morning despite the direction being clearly up. <slapshead> Looks like we have finally switched from ^ to >.