Just going through my e-mails, I came across this go-markets thing in the usual stuff from ASF.
I'm just wondering something about this:
"Our SPI contract attracts a margin of only AU$2,833 rather than the $11k at the exchange and our E-mini S&P 500 requires a margin of just US$1,000. GO Markets' MetaTrader4 platform also enables clients to trade micro lots on futures meaning you can trade with a smaller exposure and with less risk.
For example: Trade 0.1 lot of APZ8 (SPI) for a margin of $283.30 and commission of just 20 cents!"
I don't understand the micro lots thingy. How does this operate? How are they able to do it? Or is it just a MM CFD type thing? I don't understand.