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by avvt4avaw 2019 days ago
Yesterday's traded volume in water futures - 16 contracts.

In Bitcoin futures - about 7,000 contracts.

In S&P 500 futures - about 1.9 million contracts.

3 comments

What is the size of these contracts?

I traded three stocks yesterday, but the sum total of these 3 trades is below $3k. A thousand of trades like mine would be worth one trade for $1MM.

A water contract is worth about $5,000, a Bitcoin contract is worth about $88,000 and an S&P 500 contract is worth about $183,000.
That's a huge difference for sure, but wouldn't we need the volumes of the contracts for a fair comparison?
A water contract is worth about $5,000, a Bitcoin contract is worth about $88,000 and an S&P 500 contract is worth about $183,000.
Didn't they just launch water futures?

I doubt they traded 1.9 million S&P 500 futures the first week those were launched :-)

Very true :)