Lumber mini futures contract (LBR) at CME Globex - not available for trading

[blink18]

@def can you tell me why Lumber mini futures contract (LBR) that started trading on 08.08.2022 at CME Globex is not available for trading? If I enter buy order it says: "ORDER IS NOT ACCEPTED: This product is not available for trading."
The old lumber futures contract - Random length Lumber (LBS) that will be replaced by LBR in six months, doesn't have any problems.

I also sent message to IB customer service last week, but still haven't received a response.

 

[maxinger]

Out of 7 000 000 000 people in this world,
you might be the only foolish one in this world who wants to trade the mini lumber futures contracts.

The main Lumber futures contract volume is extremely low.
The mini lumber futures contract volume is
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extremely low


If you still can't get the point, please give up trading totally.

don't need to trouble @def.

You should be asking :

why did the damn bloody foolish CME and IB introduce the hopeless mini Lumber futures contract ?!?!?!?!

 

[mikeriley]

I can't imagine the trading strategy with such low volume.

 

[blink18]

Guys, question is not about the strategy. And yes, I know exactly when, how much, and why.

 

[rb7]

Guys, question is not about the strategy. And yes, I know exactly when, how much, and why.

mike just showed you that it was currently trading, with a volume of 1 contract today (so far).

 

[maxinger]

mike just showed you that it was currently trading, with a volume of 1 contract today (so far).

It might be the OP who uses another broker.

 

[blink18]

mike just showed you that it was currently trading, with a volume of 1 contract today (so far).

With time this contract will have more volume. At the moment I'm just testing it and not really buying.

 

[blink18]

It might be the OP who uses another broker.

Nope.

 

[maxinger]

With time this contract will have more volume. At the moment I'm just testing it and not really buying.

agree. The volume might increase with time.
however, it might take a few thousand years for the volume to increase significantly.

Do not that in this world,
there are thousands of products with virtually zero volume.
Those products might be created by thousands of newbie strange foolish inexperienced sales/marketing Exchange managers.

anyway, good luck with your trading.
The only thing is why do people like to
put pressure in IB?!?!?!?!

 

[blink18]

agree. The volume might increase with time.
however, it might take a few thousand years for the volume to increase significantly.

Do not that in this world,
there are thousands of products with virtually zero volume.
Those products might be created by thousands of newbie strange foolish inexperienced sales/marketing Exchange managers.

anyway, good luck with your trading.
The only thing is why do people like to
put pressure in IB?!?!?!?!

I don't need any significant volume for this contract, and the question of why IB doesn't allow this contract for trading (and when it will), still remains.