16m 29s: Lenght

Futures traders often trade currencies in pairs, which eliminates the dollar component from the relationship between currencies. Recently, he British Sterling (/6B) and the Japanese Yen (/6J) have been near 5 year lows, mostly due to falling bond yields as well as responses to "Brexit." To take advantage of these extremes, Pete, Tom and Tony walk through the historical correlation of these currencies, the contract specs (notional value, delta, current price) as well as the proper ratio to set up this pairs trade or "cross" properly. Plus, find out how you can use Mini-Yen and Micro-Sterling to reduce your Buying Power Requirement and risk. See more videos from the Closing the Gap: Futures Edition Series: http://ow.ly/P8lu304viBG The gap between the self-directed and institutional trader in the world of Futures gets closer as Tom and Tony go head-to-head with one of the Futures market industry's best institutional traders. We bring professional strategies to individual investors. You can watch a new Closing the Gap: Futures Edition episode live and check out all previous episodes everyday at http://ow.ly/EoyGW! ======== tastytrade.com ======== Hosted by Tom Sosnoff and Tony Battista, tastytrade is a real financial network with 8 hours of live programming five days a week during market hours. From pop culture to advanced investment strategies, tastytrade has a broad spectrum of content for viewers of all kinds! Tune in and learn how to trade options successfully and make the most of your investments! Watch tastytrade LIVE daily Monday-Friday 7am-3:30pmCT: http://ow.ly/EbzUU Subscribe to our YouTube channel: https://www.youtube.com/user/tastytrade1?sub_confirmation=1 Follow tastytrade: Twitter: https://twitter.com/tastytrade Facebook: https://www.facebook.com/tastytrade LinkedIn: http://www.linkedin.com/company/tastytrade Instagram: http://instagram.com/tastytrade Pinterest: http://www.pinterest.com/tastytrade/