Search results

I don't think anyone knows the answer to exactly WHEN it will happen (we are just guessing), but it is inevitable that the old way is on it's way out. This fellow is right, Europe has proven FULLY electronic works. Now that the US exchanges are public, they will streamline to run as a well...

Back to Clearport? I remember before the move to Globex I was getting all sorts of delays intra-day from the Clearport platform. No more globex?

This is a zero sum game....all players on all levels lose money at times. That said, I love to hear stories like this...thanks.

Thanks guys for an explanation. Basically floor traders are like Windows 95. We all upgraded to XP years ago, but a few systems are left somewhere...but soon those motherboards will even die...along with it their legacy operating system.

Do you ever look at the oil contract on ICE? I trade the NYMEX oil contract (CL) but I'm curious about ICE - lower commissions I think.

Can someone tell me why floor traders in commodities still exist in America? What is the benefit of them over a machine, and what can they do that a machine can't do. I noticed when NYMEX went electronic for energy side by side, volume exploded mostly from electronic trading. At the very...

What are the fills like? Fast? What do you use for intra-day charting....the NYBOT feeds or the ICE feeds? Is it possible to use the NYBOT intraday charting and execute on ICE?

True, I would just stay way from the pit traders. Their days are numbered, so hopefully they will be eliminated in our lifetime, but for the meantime have you check out ICE Softs?

Because markets are highly random

Hold Time - Weeks to Months possibly.

I agree with you about being bullish on oil. I also don't think you were unreasonable going long at the price you did. Just be prepared to hold through a pullback. We had a big selloff a few days ago, and may have a bit more downside. There's alot of 'analyst' type guys on here that write...

This post is dead....start a new one.

If one was short (god forbid) in this situation, and they had a stop loss in place, with a spike like that, would your order potentially get filled at the top of the spike or somewhere WAY UP THERE, when it stalled, and then came crashing down?

Guys can anyone explain why it feels like volume has been drying in natural gas (NG contract) on me? I used to trade NG months ago...around JAN & FEB, and now I get these ugly un-tradable micro time frame charts.