It's a sad looking contract at the moment. It's almost 7 cst and there are gaps in just the 5 deep book:eek:
The mini dow has greater depth. No Joke
They need to do something
For the size you are talking about you need a rather significant sized account. You can literally make (or lose) many millions per day in ES or ZN. But you will need 7 or 8 figures in an account (these days anyway) before a firm will even touch you (of course after you've proven yourself)
If you pay cash then you may want to wait a little or lower the offer after a comparison of recently sold homes of similar value.
It all depends on your needs (Kids, wife, work, schooling).
This doesn't necessarily equate to more volume. If they become more efficient they will trade less to achieve the same goal.
Greater liquidity and depth is needed to achieve volume growth.
I really don't think they intented to take this much of a hit .
It was initially a series of large limit orders that kept pounding away until it popped. It's like someone knew where to take the market to get the stops to excessively lift the market.