Trading Simulator: CME Institute Trading Simulator
Trading Simulator on CMEGroup.com: Practice Account with ten min delayed with market data and simulation provided by CQG.
Futures and Options Trading Simulator on CMEGroup.com
Practice and understand futures and options better by trying out your trading strategies on the CME Institute Trading Simulator.
Improve your understanding of the derivatives market with CME Institute's educational courses and tools, such as the trading simulator provided by CQG.
CQG develops technology solutions for financial markets and trading in the futures market or with other securities, assisting businesses with top-tier financial software. This Trading Simulator is a collaboration with CME Group and you can test your skills with a practice account.
CQG also collaborates with CME Group in the celebration of the "CME Group University Trading Challenge" competition aimed at Teams of undergraduate and graduate students.1
Real Derivatives Market Data
First of all: This simulator is not a real-time solution, —ten minutes delayed—, but it could be perfect for practicing swing trading without being influenced by data-driven inputs (economic news, earnings announcements, etc.)
Learn to trade in a real environment with delayed market data: https://www.cmegroup.com/education/practice.html
“The trading simulator replicates live derivatives markets by leveraging real market data in an ideal playground for liquidity-driven simulations, as it features a DOM (Depth of Market) window. Catering to both experienced traders and beginners, it helps users stay ahead in their trading strategies.”
"Practice what you learn" is the motto
The CME Institute offers tools to improve your trading abilities, develop new strategies, and acquire market insights, maximizing the potential of each trade with the Trading Simulator. Analyze the charts, incorporate your indicators, evaluate your strategies, and maintain a practice account at no cost.
Just like in any profession, a futures trader needs certain tools to be successful. These tools keep you informed about market news and the constant stream of new prices. Whether analyzing the markets, peering inside price behavior with a technical indicator, or simply knowing at a glance which markets are hot, you will find a trading tool that will make your job easier, quicker and better.
And now, the disclaimers: For educational purposes only. The data and output from this tool do not constitute investment advice and THIS IS NOT A PERSONAL RECOMMENDATION and any investment activities undertaken using this tool will be at the sole risk of the relevant investor.
Practice reading charts, utilizing indicators, testing strategies, and managing your account. A continuous flow of updated prices informs your strategies for CME Group's leading products across all six asset classes, including Bitcoin and E-mini futures.
*Example: E-mini S&P 500 Index (futures contract)
1 - Hypothetical trade: May 2023
The S&P 500 had been trading in a narrow range for around two months, possibly forming a critical point (shown on the right side of the image below, marked with an ellipse). With enough time to predict a shift, the likelihood of a powerful breakout increased.
"Practices" would consider taking a long position on the E-mini S&P 500 Index futures above the pivot point level of 4200 (green line), with a "stop-loss" determining a hypothetical maximum loss of points. In the given context, if the advance movement were confirmed, the index would have the potential to reach new levels.
Each point movement in the E-mini S&P 500 Index futures contract is worth $50 (you can also try with the "micro" contract, where the point movement is $5). In this example, the profit could be substantial if the trade were closed before people go on vacation in August.
However, markets often turn against you (and your emotions), leaving you with only a slight mathematical advantage.
To conclude this article, another interesting tool is provided by the CME Group Institute:
Strategy Simulator
Learn how an option contract, futures contract or physical position will perform based on hypothetical underlying price scenarios with the Strategy Simulator.
Getting Started
Powered by QuikStrike Options Analysis Software
CME Group University Trading Challenge: [Transcription] [Excerpt] The CME Group University Trading Challenge is a complimentary electronic trading competition that allows students to experience the excitement, energy and decision-making environment of real-time trading. Teams of undergraduate and graduate students are provided an opportunity to trade a variety of CME Group products from multiple asset classes in a simulated, professional trading platform provided by CQG.
This annual competition is a unique chance for students to learn hands-on techniques for trading futures. Teams must consist of three to five members from the same university and each must elect a student leader. Teams can participate on a student-led team or in cooperation with a faculty advisor. Advisors will have early registration access to register their teams. Please note, advisors are not permitted to participate as a member of the team during the Challenge and are ineligible to receive a prize if their team is a winner.
