e-miNY crude oil and gas futures changes

Anybody notice those 40 Contracts that traded between 55.325 and 56.35 on the re-open?

Are those staying on the tape?
 
It's not gonna trade "normal" again.
You'll be glad if volume goes to 10k again - on good days.

Not nearly as many ppl have Clearport access (as w/ Globex).
I don't see how anyone installs Clearport access just to trade QM/QG's.

I wonder if IB uses a middleman now ?
Can anyone from IB comment ?

All in all, this is a really big f***-up.


If you want to trade energy,
switch over to IPE contracts.
 
Quote from Surdo:

It's obvious someone hit the "SELL" button on 10 or 20 QM Cars at the market in error!
More...

The opening prints, probably also related to the switch-over. Looks like some software error, maybe a limit / market order misconfiguration or similar.
I'd guess the trades will stand.

Surdo, you see the real volume traded in these seconds ? In my software I see only prints for 6-10 contracts ... :confused:
 
I see a total of 40 Contracts from 3:15PM - 3:16 PM.
I only nitpicked this because I was bidding $56 in the regular session.

That would have been a nice gift!
I was taking my 3PM Bond close snooze.

I am quite skeptical trading these as well until this Anemia goes away, if it does. If not I guess I am switching to The Pit!
 
NYMEX has informed us that all trades that have been executed between 3:15 P.M. ET and 3:32 P.M. ET have been determined to be invalid and will be voided.

Please note that all existing orders will be cancelled and must be replaced when the markets pre-open.

An update will be sent out when the markets will resume.
 
Quote from local_crusher:

If you want to trade energy,
switch over to IPE contracts.
More...

I did so.

I also find very convenient that IPE Brent trades in 0.01 increments.

Although I'm find it's T&S (as offered by IB) a bit odd, those 1000 lots which don't seem to affect price at all.
 
The IPE (now ICE) Brent Crude contract is a full contract (1000 barrels) and its very liquid compared to Nymex's Clearport...............Today i believe the Brent contract traded 45,000 while clearport was held under 5000 (and they arent even full contracts....). Nymex still cant get their act together........


www.theice.com
 
patbateman - Thanks for the info. I've purely traded just E-Mini's - Russell, S&P, etc. How does ICE differ from these? I'm on the ice website now and I can't tell exactly.

Thanks!
 
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