ECBOT vs. COMEX(NYMEX) for gold

can anyone confirm the approx highs made this am after comex opened ? ( i.e. 8:20 am gold and 8:25 am for silver )

something like march 2007 silver @ $14.00

and april 2007 gold @ $670.80

is what I am seeing but my usual data vendor is also

giving me some bad data pre 9:30 am EST
 
Maybe I should go back to ECBOT -- that spike higher today at 12:55 EST hit 703.1 but didn't show on NYMEX/COMEX gold (on GLOBEX).

Anyone know what the hell happened there? Just another ECBOT bug? Should we just be happy it didn't crash for 3 days again???

SSB

P.S. CME when you finish buying CBOT I've got some suggestions for the ECBOT platform -- most involve a hammer and/or drop from a large building...
 
The official high on CBOT is 686.00 that 703.00 hi was an eror, the trade at 703 was broken,

Quote from SideShowBob:

Maybe I should go back to ECBOT -- that spike higher today at 12:55 EST hit 703.1 but didn't show on NYMEX/COMEX gold (on GLOBEX).

Anyone know what the hell happened there? Just another ECBOT bug? Should we just be happy it didn't crash for 3 days again???

SSB

P.S. CME when you finish buying CBOT I've got some suggestions for the ECBOT platform -- most involve a hammer and/or drop from a large building...
More...
 
I THINK WHAT HAPPENS IS A CTA WHO USES

TT put in stop order but when you put in a stop order

it takes the stop price and creates a limit way out of the mkt so u automaticaly get filled

on 1000 of lots, it will run the price way up that is what happened
 
yuck ... and I thought today's afternoon trade in comex and ecbot silver was nuts with a "spike down" to $13.51
and then zipped up to $13.65

tonight in GC ( comex ) trade ( pre - ECBOT open )

a massive "dump" hit the market

and then a "spike" higher ... prices all over the place

wonder if the CME will adjust etc anything

gosh ... this reminds me of the SPOOS a few months ago

when they hit stops and rallied 20 handles and then drifted lower
overnight back to the area they had been in
I do not think the CME at that time did anything

:confused:
 
based on the "spot market"

I wonder if there is a chance an adjustment would be in order
or some trades busted ....

sheesh ... my hedged position could be "naked"

if something gets busted

glad it is only a teeny position

:eek:
 
I just realized ... shortly after the ECBOT opened this evening

YG ( mini gold ) went nuts too ... sheesh ...

two different exchanges - different platforms

different times ... same result ... a mess

maybe the "merger" of CBOT AND CME

if approved will result in less of these events
happening ?

I wanted to buy some YG myself but by the time I figured out where the market was ... it "adjusted" back to where it needed to be ...
 
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