Futures are derivative financial instruments that acquire their value as a result of changes in the prices of underlying financial instruments. In fact, these are obligations to purchase or sell a product (financial instrument) in a certain quantity and at a certain time (a certain period of time) at pre-agreed prices. The exchanges on which futures are bought and sold form the terms of trade agreements (contracts).
Futures contracts are urgent (have a limited duration) and stop trading when it expires.
Screener is a concept derived from the English word screen (sieve, sieve), which is widely used in many fields, such as sociology, advertising, etc. This concept is also used in exchange trading, including futures trading.
- Best Futures Screeners
- Finviz
- Morningstarу
- Equity.today stock monitoring
- Stock Watcher
- Market Watch
- Yahoo Finance Screener
- OTC Markets
- Examples of analysis using screeners
- Investment futures
- What futures can be purchased on the market
- Conclusion of futures contracts and work on them
- Features of trading cryptocurrency futures
- What are cryptocurrency futures contracts
- Cryptocurrency futures device
- Margin
- Crypto futures settlements
Best Futures Screeners
At its core, a screener is a service with a set of filters (volume, percentage of changes, graphical display, current changes, etc.), which allows you to select from the whole variety of futures, exactly those that are necessary for a trader at a given time. Such services are simply necessary for everyone who works on exchanges, both domestic and in Europe, Asia, America, where up to several thousand positions in securities, cryptocurrencies, etc. can be accessed. In practice, the use of screeners allows you to quickly and efficiently get all the information a trader needs, which is the key to his successful work on the exchange. There are a lot of such screeners and they can be used when purchasing almost any futures contract, from oil and gas to
cryptocurrency.… Such platforms that work in both the European and American stock markets include the popular screeners discussed below.
Finviz
A very popular free service that does not require registration, which provides analytical materials for both securities and futures, indices, currencies.
Morningstarу
One of the most famous Morningstary screeners. To start working on it, you need to go through a free registration according to the Basic version. The window is selected in the pop-up list as you can see from the screenshot.
- Stock sector
- Morningstar stock type
- Morningstar equity style box (capital calculation according to specialized Morningstar formulas);
- Minimum market capitalization
- assessment of the growth of shares (Growth grade);
- assessment of financial stability (Financial health grade);
- assessment of profitability (Profitability grade).
Evaluation is carried out on a scale from A – F.
- revenue growth over the last 3 years (3-year revenue growth);
- own profitability (Return on equity (ROE);
- income growth forecast for the next 5 years (5-year forecasted earnings growth).
Further, there are several more filters: total income for various periods, P / E ratios, dividends. As a result of using the filters, the following table is obtained (filters for dividends 6%).
The screener can give no more than 200 results as a result of the analysis.
Equity.today stock monitoring
This is a very convenient screener for traders who do not know enough stock exchange terminology in English. The system interface looks like this.
- Overview – contains a number of data on assets (stock value, currency type, percentage change, capitalization, etc.);
- Trade – a category containing extended information about stock prices (Bid, Ask, Size, Day Low, High and others);
- History – also a category of price indicators for more significant and older periods (% Change 52 Week Low, High, and others);
- Fundamental – coefficients that can be considered classic (EPS, Price / Book, Cash and others);
- Those. analysis – performed by moving averages (50 Day MA, 200 Day MA, etc.).
To apply filters on this screener, you need to move the cursor over the line of interest and click the filter icon. After that, the screen displays general information, the company which owns the shares, and graphs:
Stock Watcher
This screener is available without registration, it reflects more than 7.5 thousand items for which it is possible to screen. It contains a significant number of filters that reflect various categories.
- Main parameters (price, ATR, gaps, percentage of change, volumes, etc.).
- Techno. Parameters (extremes for 50 days, Range, etc.).
- Fundamental parameters (P / E, Shares Float and other ratios).
- Level 1 (sorting by different indicators Ask, Bid, Size and others).
- Premarket (price at the time of the upcoming market opening, and other indicators).
- Signals (price levels, sizes, volume peaks and other signaling systems).
- Others (sort by ticker, IPO date,).
Market Watch
This screener has only 6.5 thousand tools, but you can work on it without registration.
- Price – this section indicates the price, price range, percentage changes, place in relation to the 52-week extreme;
- Volume – the category in which the current volume is indicated;
- Fundamentals — P / E ratio and market cap.
- Technicals – ratios for the 50-day moving average and indices.
- Exchange & Industry – the exchange and its sectors are selected.
In order to start working in the screening, you need to use the “Screen” button, and then specify the required fields and sorting parameters:
Yahoo Finance Screener
Almost all search engines have their own screeners. Which includes Yahoo Finance Screener. It has a fairly extensive filter base and you can work on it without registration, while the number of tools with which you can work is almost unlimited.
OTC Markets
This is a free screener that allows you to work with a large (over 17,000) number of tools for free. The system itself has the following interface:
- Markets – allows you to select general indicators (region, industry, type of instrument);
- Growth – data related to cost, percentage change and volume;
- Performance – indicators of price and volume changes.
Screening is performed in automatic mode; you just need to select the required filter. However, the list of filters on it itself is relatively small. Therefore, it is best used when it is necessary to work on several exchanges at once, and at the same time there is no need for a large number of filters.
Examples of analysis using screeners
For the analysis, we will use Finviz and run it using different filters. The analysis will be carried out by the Descriptive filter on the NYSE, the price per share is 5 USD, the volume is over 1 million.
Investment futures
Understandably, futures were originally created to mitigate producer risk. But today, private investors buy futures if it is necessary to pre-fix prices for oil, gas, precious metals, agricultural products and much more. With their help, investors make money on assets that are not directly acquired, for example, oil.
What futures can be purchased on the market
In our country today, the most popular are futures contracts associated with oil, gas, gold and other precious metals, currency. In recent years, cryptocurrency futures contracts have become more and more popular. More recently, it was assumed that the final buyer, on time stipulated by the contract, will receive a real asset, which will be delivered using the exchange. Now, on the day of the end of the contract, the parties simply settle on the derivative. At the same time, futures can be freely traded on the exchange for the entire duration of the contract. The prices of such assets directly depend on the prices of the underlying instruments, so traders have the opportunity to make money on the very process of buying / selling them, but such operations require certain experience and knowledge. Therefore, investors who are just starting to work on exchanges,it is best to use this tool to insure your financial risks.
Conclusion of futures contracts and work on them
Futures contracts are concluded exclusively on the exchange. The seller submits his application, which indicates a specific price and term. Then he waits for the buyer, who will be satisfied with the set conditions. But there is another way, when the seller simply selects from the list of orders submitted by buyers. The exchange always publishes lists of offers from both sellers and buyers. Using the futures screener platforms, you can always choose the most optimal positions. As soon as the contract is concluded, all obligations for its proper execution are assumed by the exchange.
Features of trading cryptocurrency futures
Buying / selling crypto futures became possible relatively recently, in 2017. And from that moment on, they began to confidently conquer world exchanges, as they opened up additional ample opportunities for traders for investment. Today, more than 5,000 cryptocurrencies are available on exchanges and their number is constantly increasing, which suggests that crypto trading will not decrease in popularity for a very long time.
What are cryptocurrency futures contracts
Thanks to such contracts, exchange participants gained wide access to cryptocurrencies. In terms of its functions, this tool resembles fund indices or product futures, in which a trader assumes all the risks associated with the price of a cryptocurrency. Here, the trader uses cash, but does not literally trade cryptocurrency. The high level of volatility of cryptocurrencies makes it possible to purchase it at low prices and put them up for trading with significant increases. How to Trade Cryptocurrency Futures: Kraken Futures Tips: https://youtu.be/uPCeUYwSg7c Buy / Sell Crypto Futures is available on a variety of internet platforms (electronic exchanges) which include: Binance Futures, Coinbase, Huobi Global, Kraken, Bitfinex and many other.On these platforms, very convenient screeners are available, filters on which make it easy to isolate the crypt that the client needs.
Cryptocurrency futures device
Cryptocurrency trading involves a set of challenges that are not inherent in other futures. These include, first of all, a negative image in many countries, and a high degree of volatility. But these are not always disadvantages, as a high degree of volatility is often used by investors to make money. One of the important features of cryptocurrency trading is that the risk is associated exclusively with the value of the currency, since its acquisition does not make the trader the actual owner of the asset. Another very important element in the trading process is ”
leverage“. It is this that enables a trader to buy cryptocurrency not at the cost set in the spot market, but by paying only a part of it. This is possible only when dealing with futures.
Margin
In order to acquire a position on the exchange, you need to make a margin, while the opening of each new trading position will require additional financial support. Maintenance margin – the minimum amount of funds that a trader needs to maintain an open trading position. The exchange oversees the maintenance margin level, this makes it possible to keep track of the collateral that is used. If the investor reaches the limit, then the positions are subject to liquidation.
Crypto futures settlements
Settlements for such transactions are not similar to traditional systems. Exchanges have developed a mechanism that aims to continually align futures and index prices. This mechanism is the funding rate. The rate is calculated based on the difference in prices in the spot and futures markets. When the stock exchange operates, it should be borne in mind that financing rates can have a negative impact on investors’ income, because financing rates can skyrocket due to market overheating. As a result, investors will not be able to maintain long positions.