FX Futures Depth of Market (D.O.M.)

[Chicago_CTA]

Having revisited an old friend for the first time in years, I was surprised to see CME's FX Future DOMs to be only 5-levels deep.

Great liquidity in 6E and 6B, 70-150 contracts advertised at each level, and good turnover.

Is there a deeper level of information, say 10-deep that I'm just not subscribed to? I thought at this point ALL CME Globex markets were displayed 10-deep.

This doesn't necessarily affect our strategies, but can anyone provide color on this?

I did a "Search" but did not find my result.

Thanks, traders.

-chicago

 

[Eyez]

I think most front-end software only show you 5 levels deep to not overload the platform. I believe you can get 10 levels through API connection to CME.

ie. XTRADER shows 5 levels of CL whereas CQG/CTS show 10.. and infinite levels of depth for ICE products

 

[Chicago_CTA]

T4 shows 5-levels. I get 10-levels on everything else using this platform, including metals, energy, ags, treasuries, etc.

 

[Bernard111]

Quote from Eyez:

I think most front-end software only show you 5 levels deep to not overload the platform. I believe you can get 10 levels through API connection to CME.

ie. XTRADER shows 5 levels of CL whereas CQG/CTS show 10.. and infinite levels of depth for ICE products

XTrader shows deeper levels with proper customization. See the manuals; 'Maximum Depth Levels'..
https://www.tradingtechnologies.com/help/xtrader/trading-tab/

 

[covered_call]

Yep, TT changed that a few years ago. Change you setting for levels of depth and reboot XT. You'll get what you asked for if the exchange pushes it out.

 

[atrocious]

All the IMM currencies are still 5 levels, it's an exchange limitation.

 

[JohnHar]

I agree that instruments staring from 6 have 5 levels... but which is diffeence in trading taktiks? I don't know. for me there are know difference in 5 or 10 levels...