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    Is mult in commission scheme the multiplier for futures contracts?

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    • John Allen
      John Allen last edited by

      So for oil or CL the multiplier should be 10,000. Is that correct?

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      • John Allen
        John Allen last edited by

        Stake seems to be number of contracts to buy (yes futures). I do not know what mult is though. The examples often use 10. I do not know what is typically multiplied by 10. Still looking at examples.

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        • J
          jaikumarm last edited by

          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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          • run-out
            run-out last edited by

            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.

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