Futures · Rookie
Micro-to-mini ratio
Also searched as: micro mini conversion
What does Micro-to-mini ratio mean?
A micro-to-mini ratio specifies how a program converts micro contracts into equivalent units when enforcing its position-size limit. This accounting rule is separate from exchange contract specifications.
Example
Under an illustrative ten-to-one rule, ten eligible micros consume the same limit allowance as one mini.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
Confirm the ratio for the account stage and each product. A program can count contracts differently from their economic exposure.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.