Asset Types
Futures
When using the Plutus API, you can include futures in your portfolio submission. Each futures position allows for the following customizable properties:
Properties
- Ticker: The unique identifier for the futures contract (e.g.,
"ESH25"
for the S&P 500 E-mini futures). - Is_Long: Specifies whether the position is
"Long"
or"Short"
. - Size: The size of each futures contract (pulled from data source).
- Quantity: The number of futures contracts held.
Modeling Different Types of Futures Contracts
Futures contracts can be based on a wide range of underlying assets, including commodities, financial instruments, and currencies. Here are some common types of futures contracts you can model using the Plutus API:
Commodity Futures
- Example: Oil futures (e.g.
"CLH25"
for crude oil or"ZCH25"
for corn) give you the right to buy or sell a specific quantity of the commodity at a specified price on a future date.
Interest Rate Futures
- Example: Treasury bond futures (e.g.
"ZBH25"
for 30-year US Treasury Bonds or"EDH25"
for Eurodollars) are used to hedge or speculate on interest rate movements.
Currency Futures
- Example: Currency futures (e.g.
"6EH25"
for Euros or"6BH25"
for British Pounds) allow you to trade currency pairs, such as the Euro/USD or GBP/USD.
Index Futures
- Example: Index futures (e.g.
"NQH25"
for Nasdaq or"YMH25"
for Dow Jones) allow investors to speculate on the movement of the overall market or hedge against potential market downturns.