Euro STOXX 50

What is the Euro STOXX 50?

Euro STOXX 50 is a capitalization-weighted index of 50 European Blue-chips. The Euro STOXX 50 covers 12 of the Eurozone countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain.

The Euro STOXX 50 captures approximately 60% of the free float market capitalization of the Dow Jones EURO STOXX® Total Market Index, which in turn covers approximately 95% of the free float market capitalization of the represented countries. The DJ EURO STOXX 50® index is a price return index.

What are the contract specifications for the Euro STOXX 50?

• Symbol: FESX
• Contract Value: 1 point = 10 Euros
• EURUSD exchange rate is currently 1.35
• 10 Euros x 1.35 = $13.50 USD per point
• Moves in 1 point increments (10 Euros)
• Contract Months: Quarterly like ES, YM: March, June, September and December
• Trading Hours: 12:50 AM to 3:00 PM Central

How to Day Trade the The Euro Stoxx 50?

It is important to not that the Euro Stoxx 50 average daily volume is near 1 million contracts. The Euro Stoxx 50 is closer in size to a mini. It's worth about $54,000 USD. This compares with the emini (YM and ES) at about $72,000 USD and the big S&P at $369,000 USD

One Euro Stoxx 50 is like trading 1 YM or 1 ES. The Euro Stoxx 50 also requires overnight margin of 3,150 Euros, or $4,252 USD. The Intraday margin for day trading the The Euro Stoxx 50 is around $500 to $2000 USD per contract. Please Note that Decreased Margin = Increased Risk.