Fairly exhaustive futures market summary....

General discussions about futures.
Post Reply
ladidalimey
Roundtable Knight
Roundtable Knight
Posts: 201
Joined: Thu Sep 21, 2006 6:21 am
Location: London

Fairly exhaustive futures market summary....

Post by ladidalimey » Tue May 25, 2010 7:09 am


sluggo
Roundtable Knight
Roundtable Knight
Posts: 2987
Joined: Fri Jun 11, 2004 2:50 pm

Post by sluggo » Tue May 25, 2010 8:46 am

Quite a few markets that I follow and/or trade, did not appear on this list. A few examples:
  • Oats
    Rough Rice
    Feeder Cattle
    Goldman Sachs Commodity Index
    Lumber
    Palladium
    Spring Wheat (Minneapolis)
    New Zealand Dollar (CME/IMM)
    Swiss Govt Bond "CONF" (Eurex)
    5-Year Swapnote (LIFFE)

ladidalimey
Roundtable Knight
Roundtable Knight
Posts: 201
Joined: Thu Sep 21, 2006 6:21 am
Location: London

Post by ladidalimey » Tue May 25, 2010 8:59 am

possibly the 5k a day vol cutoff?

L

sluggo
Roundtable Knight
Roundtable Knight
Posts: 2987
Joined: Fri Jun 11, 2004 2:50 pm

Post by sluggo » Tue May 25, 2010 9:45 am

I don't think that's the only reason
Attachments
New Zealand Dollar
New Zealand Dollar
nzd.png (13.86 KiB) Viewed 4777 times

trendyguy
Roundtable Fellow
Roundtable Fellow
Posts: 94
Joined: Tue May 27, 2003 11:06 am

Post by trendyguy » Wed May 26, 2010 1:29 pm

Thanks for posting that, I don't subscribe to that magazine.
I always use plenty of tumeric in my Butter Chicken, but I had no idea you could actually trade it!

mmtrader
Full Member
Full Member
Posts: 21
Joined: Thu May 27, 2010 10:28 am

Post by mmtrader » Fri May 28, 2010 4:14 am

Thanks for that, very useful. Just one question (possibly a silly one)- is the futures daily volume given just for the front month contract or for all the quoted months?

sluggo
Roundtable Knight
Roundtable Knight
Posts: 2987
Joined: Fri Jun 11, 2004 2:50 pm

Post by sluggo » Fri May 28, 2010 8:29 am

is the futures daily volume given just for the front month contract or for all the quoted months?
The article doesn't say. However you can figure it out yourself with just a bit of digging:
  1. Find a futures market whose total volume (for all quoted months) is very different than the front month volume. Such as Eurodollars.
  2. Pull up a chart of front month volume and total volume for that futures market; example CSI UA chart below
  3. Determine which one is closer to the volume number mentioned in the article
If you don't happen to be near a computer with CSI UA installed, you can look at the quote page of The Wall Street Journal (here)
Attachments
front month volume (blue) and total volume (black)
front month volume (blue) and total volume (black)
volume_histog.png (5.28 KiB) Viewed 4615 times

mmtrader
Full Member
Full Member
Posts: 21
Joined: Thu May 27, 2010 10:28 am

Post by mmtrader » Fri May 28, 2010 9:05 am

I thought perhaps the OP might have a definitive answer. Obviously there are other ways to estimate it.

So on that basis, it looks like it is just the front month.

Great, thanks.

Post Reply