The T-Notes futures confused me

A

ADX_trader

Is the size of T-Notes (ZN) $50,000 or $100,000?
There are two T-Notes, one is the outcry and one is the ACE. Are they the same size? Do they have the same min. fluctuation? ZN is the ACE, isn't it? Can I trade the outcry through IB?

Thanks!
 
Originally posted by ADX_trader
Is the size of T-Notes (ZN) $50,000 or $100,000?
There are two T-Notes, one is the outcry and one is the ACE. Are they the same size? Do they have the same min. fluctuation? ZN is the ACE, isn't it? Can I trade the outcry through IB?

Thanks!
More...

ZN is 100k, and outcry and ACE are the same size and same fluctuation. Yes, ZN is ACE.

No, you can't trade outcry through IB.
 
also notice the price is in fraction of 32th, and not decimal, i.e. 1/10.
e.g : 112'09.0 is 112 + 9/32
1 tick = 0.5/32 = 15.62$

e.g. 112'31.0 + 1 tick = 112'31.5 + 1 tick = 113'00.0

Cheers!! :)
 
Originally posted by dojibear
also notice the price is in fraction of 32th, and not decimal, i.e. 1/10.
e.g : 112'09.0 is 112 + 9/32
1 tick = 0.5/32 = 15.62$

e.g. 112'31.0 + 1 tick = 112'31.5 + 1 tick = 113'00.0

Cheers!! :)
More...


I am interested in trading the electronic versions of the bonds or notes at the CBOT. Does anyone have experience with these contracts? How is the liquidity? What are the symbols of the most active contracts?

Thanks,
-Eric
 
Originally posted by EricP



I am interested in trading the electronic versions of the bonds or notes at the CBOT. Does anyone have experience with these contracts? How is the liquidity? What are the symbols of the most active contracts?

Thanks,
-Eric
More...

I have traded them for years. Liquidity is excellent for both contracts, but the notes trade in 1/2 ticks with more size.

December is the front month, so bonds: ZBZ02 notes: ZNZ02
 
Originally posted by EricP



I am interested in trading the electronic versions of the bonds or notes at the CBOT. Does anyone have experience with these contracts? How is the liquidity? What are the symbols of the most active contracts?

-Eric
More...
The liquidity of the ZN is good, but I feel that the volume dies donw in early afternoon.
I day trade the ZN while following the ES.

Cheers!!:)
 
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