Sharp one minute drop in soybeans

S

svrart

hi,

looks like soybeans fell about 50 points in the last one minute of electronic trading. can someone else confirm this. any reason attributed to this drop?

svr
 
Being investigated at the moment.

13:14 - 13:15 CT Trades Questioned Multiple Months ZM (Soybean Meal) and ZS (Soybeans)


CME Group
20 South Wacker Drive
Chicago, IL 60606 USA
 
Quote from svrart:

hi,

looks like soybeans fell about 50 points in the last one minute of electronic trading. can someone else confirm this. any reason attributed to this drop?

svr
More...

Stopped me out of a profitable swing trade. Still profitable, but gave back about $500 per contract..........ZS X8
 
i had a limit buy at 1204.75 and was watching wheat very closely. suddenly the alarm goes off. i see that the soybeans order has been executed. came as a complete shock because i had been keeping an eye on it through out the session!!! now, have a 800$ loss! first time ever such a thing has happened to me.

svr
 
CropperCapture16.jpg



Woops! :D
 
13:14 - 13:15 CT All Trades Stand in ZS (Soybeans), XB (mini-sized Soybeans), and ZM (Soybean Meal)


CME Group
20 South Wacker Drive
Chicago, IL 60606 USA
 
Quote from svrart:

i had a limit buy at 1204.75 and was watching wheat very closely. suddenly the alarm goes off. i see that the soybeans order has been executed. came as a complete shock because i had been keeping an eye on it through out the session!!! now, have a 800$ loss! first time ever such a thing has happened to me.

svr
More...

Ouch! Happened to me once... thats' why I dont like resting orders in the market..... even more so close before the market closes before a holiday....I got stopped out at 1115.5, ZS X8. Was in from 12/18 at 1062 even, but still... paper profits were about 3400 in the morning, and I placed a tighter stop, for better or for worse... is back to 1020 now.
 
I am new to trading the grains. What is the difference in the last trade on the 5 minute chart being 1165 and the settlement price of 1207?

Thanks
 
I am not a bean punter, but I know the "settlement price" is usually the pit close in other contracts, vs. GLOBEX close.

surdo the punter
 
Quote from RPG:

13:14 - 13:15 CT All Trades Stand in ZS (Soybeans), XB (mini-sized Soybeans), and ZM (Soybean Meal)


CME Group
20 South Wacker Drive
Chicago, IL 60606 USA
More...

RPG,

Can you please let me know how I can sign up for these CME broadcasts.

Many thanks.
 
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