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Is mult in commission scheme the multiplier for futures contracts?
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So for oil or CL the multiplier should be 10,000. Is that correct?
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Stake seems to be number of contracts to buy (yes futures). I do not know what
multis though. The examples often use 10. I do not know what is typically multiplied by 10. Still looking at examples. -
https://www.backtrader.com/docu/commission-schemes/commission-schemes/
Yes, mult in commission scheme is multiplier for futures, the examples refer to Eurostoxx50 which is 10 EUR per contract.
https://www.eurex.com/ex-en/markets/idx/stx/blc/EURO-STOXX-50-Index-Futures-160088
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For future like instruments this determines the multiplicator to apply to profit and loss calculations.
This is what makes futures attractive and risky at the same time.
