CME e-micro futures

looks like about a thousand contracts / day in the majors. still low but growing.

to compare, the majors traded about 150K in the regular contracts on the same day.

but these are already getting deeper than the e-mini fx contracts -- a good sign.
 
Quote from yubitsu:

bucketshops will be gone a lot quicker than some people think...

once more people become aware of the benefits of a regulated exchange, we will see an exodus of traders coming to these e-micros...be patient
More...

There are at least half a dozen Forex ECNs available to retail...
If you got IDEALPRO...
Why would anyone be waiting for the CME?

Also...
Why would anyone believe the CME is on-the-level?
These guys are old school artists...
"Regulated" means virtually nothing.

I know for a fact I'm not being seriously chiseled on IDEALPRO...
That's only because Peterfly has decreed it to be so...
Has NOTHING to do with "regulations".

Also...
A decent spread of 2-4 pips is in the traders favor...
Unless you are too freaking lazy to use Limit Orders.

Any market with 1 pip spreads...
Is probably too efficient to trade seriously.
 
Anyone with half a clue about the market could have told you (and did so by the way) that these micro contracts wont take off. There is little incentive for anyone to make markets for a few pennies in profits, and little incentive for traders to trade them if they are only remotely well capitalized.
 
The spread on M6EM9 (micro Euro FX) right now at 12:30pm CST is 7 ticks.

wtf?

Might as well be trading frozen orange juice.

Also, I was comparing it against the normal 6E, and the volume on that is super low, too. I thought currency futures had good volume :confused:
 
Quote from ITR2744:

What is "good" volume for you? I trade 6E and 6J as well and they have sufficient volume: 100k up to 180k...
More...

You know, I must have been looking at the wrong hours or something for 6E because I'm checking it now and you're right, the volume is around the range you listed.

I just think I'm used to the ES where it does that much volume in a minute :D

The spread on M6E still sucks tho.
 
OEC is $0.50 per side + fees (which are $0.06 I think) for M6E.

I'm sure 6E is more liquid and better to trade, but M6E makes me feel more comfortable with my small account, and I can pyramid positions must easier and without stress.
 
You must log in or register to reply here.
Back
Top