[AgeKay]

Originally Posted by Soultrader »

also surprised by the number of 1-2tick scalpers in that market.

The comment above suggests that a scalp is the same as in another markets.
What is the daily range of this market?

You can check the IB website for an idea of the comms.

I am not familar with IBs website. Can't somebody just tell me the commission if they already know?

[sevensa]

Originally Posted by AgeKay »

I am not familar with IBs website. Can't somebody just tell me the commission if they already know?

www.interactivebrokers.com

Originally Posted by AgeKay »

I am not familar with IBs website. Can't somebody just tell me the commission if they already know?

C'mon AgeKay, you know how to work a search button, don't you?

Originally Posted by sevensa »

www.interactivebrokers.com

Go to the IB website, as suggested already, and enter "commission" in the search box. Then look it up.

To make it even easier for you, I'll even give you another hint: Interactive Brokers - keyword: commissions

A little elbow grease goes a long way here....

-fs

[AgeKay]

Thanks for the links. Sorry, I was tired and lazy last night. The round turn commission for MHI on IB is HKD 34.00 (4.35 USD), so the commission is huge compared to tick size, but as somebody pointed out it might be ok if the daily range is also huge. Can anybody give me an idea of the daily range?

[smwinc]

Daily range is about 500 ticks when it's moving well.

Even on the big contract, you're looking at roughly 1:1 ratio of tick/commission, however the hang seng never moves "1 tick" it's always flicking up and down 10 - 15 ticks at a time.