General discussions about futures.
sluggo
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
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
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 nzd.png (13.86 KiB) Viewed 6415 times
trendyguy
Roundtable Fellow
Posts: 96 Joined: Tue May 27, 2003 11:06 am
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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
Posts: 21 Joined: Thu May 27, 2010 10:28 am
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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
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:
Find a futures market whose total volume (for all quoted months) is very different than the front month volume. Such as Eurodollars.
Pull up a chart of front month volume and total volume for that futures market; example CSI UA chart below
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) volume_histog.png (5.28 KiB) Viewed 6253 times
mmtrader
Full Member
Posts: 21 Joined: Thu May 27, 2010 10:28 am
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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.