Basic bond futures questions

PetaDollar · Apr 21, 2004

If there is a such thing, what are the "regular trading hours" for the bond futures? I see that the pit traded go from 7:20am-2pm CST and the electronic trade all hours except 4pm-7pm.

PetaDollar · Apr 21, 2004

BTW i'm talking about the ZN and ZB contracts (and pit traded counterparts TY and US).

PetaDollar · Apr 21, 2004

Also, I don't see much of a difference between ZN and ZB except that ZN is more heavily traded. Are they buddies in a sense, like the DJ & S&P? Any differences i've missed here?

wavetrader · Apr 22, 2004

Quote from peterfigliozzi:

If there is a such thing, what are the "regular trading hours" for the bond futures? I see that the pit traded go from 7:20am-2pm CST and the electronic trade all hours except 4pm-7pm.

The regular trading hours for electronic is the same as for pit - 7:20am-2

m CST. Outside of those, the volume gets thin.

Samson77 · Apr 22, 2004

Quote from peterfigliozzi:

If there is a such thing, what are the "regular trading hours" for the bond futures? I see that the pit traded go from 7:20am-2pm CST and the electronic trade all hours except 4pm-7pm.

That's all there is to it

titan4 · Apr 23, 2004

Those are the main trading hours. Trade Away.

hanseng1 · Apr 23, 2004

The US tends to move more than the TY. For instance, the latest move down resulted in about seven points for the US and five for the TY.

wdscott · Apr 23, 2004

Peter,

ZN - Electronic 10yr Notes
ZB- Electronic 30year Bond

US - Pit Traded 30 year Bond
TY - Pit Traded 10 year Notes

Today 4/23/2004 compare and contrast the early morning sell-off , after the Durable Goods order number was released between the Electronically traded ZB - 30 year Bond and US Pit traded 30 year Bond. The electronic market spiked down to 107 but the pit traded only to 107-16.

No volume on the selloff on the ZB to 107 so more a function of pulled bids in front of the number than stops getting run.

There are differences.

Best Regards,
Dave Scott