Propane from CSI
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- Senior Member
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Propane from CSI
Did Propane get split? A few days ago, it was trading at 160, and now it's at 80. In checking NYMEX, it looks like it's always been around 80-90. Did CSI re-adjust?
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- Senior Member
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Look at the table entry for 01 June. A rollover from the June contract to the December contract (see "Delivery" column), followed by three days of zero volume and semi-fictitious quotes (Open = High = Low = Close). The spread between December propane and June propane on rollover day (01 June) was huge, and this caused the continuous back-adjuster algorithm to alter past prices rather dramatically. One possible interpretation is that it may be unwise to trade the December contract of propane during early June, because nobody is around to take the other side of your trades.
Although I don't personally know anybody who trades actual propane futures contracts, I do know lots of people who watch the propane chart and who run various technical studies on continuous contracts of propane as part of market-sector analysis. All of these researchers roll over their propane contract at least 6 times per year; in fact the most popular choice is to roll it over 12 times per year. It appears that you've got CSI set up to roll propane only 2 times per year, which may not be the best choice.
Although I don't personally know anybody who trades actual propane futures contracts, I do know lots of people who watch the propane chart and who run various technical studies on continuous contracts of propane as part of market-sector analysis. All of these researchers roll over their propane contract at least 6 times per year; in fact the most popular choice is to roll it over 12 times per year. It appears that you've got CSI set up to roll propane only 2 times per year, which may not be the best choice.
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- Senior Member
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This isn't a roll over issue and unless they've changed the contract specs for Propane its not likely to be a "split." The price is in dollars and cents per gallon but it looks like CSI quotes cents. A halving of the price of propane would be surprising.
To resolve the problem force CSI to reload the contract data (delete the contract and reinitialize it would do it) and Corn's data will probably look the same as Sluggos.
To resolve the problem force CSI to reload the contract data (delete the contract and reinitialize it would do it) and Corn's data will probably look the same as Sluggos.
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- Senior Member
- Posts: 28
- Joined: Mon Jul 21, 2003 12:33 am
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- Senior Member
- Posts: 28
- Joined: Mon Jul 21, 2003 12:33 am
These two messages from the Customer area, might be helpful:
viewtopic.php?p=9891&highlight=rol%2A#9891
viewtopic.php?p=8498&highlight=rol%2A#8498
viewtopic.php?p=9891&highlight=rol%2A#9891
viewtopic.php?p=8498&highlight=rol%2A#8498
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- Senior Member
- Posts: 28
- Joined: Mon Jul 21, 2003 12:33 am