Swiss Franc Futures Trading Defined and Explained
Swiss Franc futures traders can manage the risks associated with currency rate fluctuation and take advantage of profit opportunities stemming from changes in Swiss Franc rates.
Swiss franc futures began trading in 1972, and when the new European currency the “euro” was introduced, the Swiss franc appreciated significantly against the Euro and remains one of the world’s strongest currencies, worth today around two-thirds of a euro. The Swiss franc offers both low volatility and a low correlation with the return on foreign assets. One Swiss franc is typically divided into 100.
Swiss Franc Futures Trading Prices/Rates
The contract’s size is 125,000 Swiss francs per contract. Trading occurs at $.0001 per Swiss franc or $12.50 per contract. Swiss franc futures trading can also occur in $.00005 per Swiss franc contract, equaling $6.25 per contract. Swiss franc currency futures trade on six months in the March quarterly cycle of March, June, September, and December.
Swiss Franc Futures Trading Software
Having the right tool for the job is critical. Ask any Swiss Franc trader what trading tools or types of financial analysis he is using and you’re probably going to hear Stochastics, Fibonacci, MacD, moving averages, etc. Trading software can be used to augment an existing approach by supplying a broadened perspective. The key to a Swiss Franc trading system is its ability to forecast moving averages! One of the better software products is VantagePoint trading software that will help to “see” what is likely to happen in the market that you are trading before other traders (using only single-market analysis) catch wind of it. Frequently the crossover indicator flashes an “early warning” that the Swiss Franc market is likely to make a top or bottom – before it actually happens!
Trading the Swiss Franc with VantagePoint Software
Since 1991 VantagePoint Software has been applying Artificial Intelligence to forecast market trends with up to 87.4% accuracy. With more than 25,000 customers in 114 different countries, VantagePoint is the leading AI trading software for Futures.