Trade the YM next week?...its moving to Globex...concerns?

increasenow · Jan 11, 2008

we are hours away from the change...as of thursday trading...here is the YM volume for the last 2 days...only INCREASING...WED 243,424 THURS 260,540 UP by 17,116 or 7%
will this keep up come monday on Globex...very serious

Trader273 · Jan 11, 2008

Are you sure the YM is moving??? I dont know, maybe I'll check the other thousand posts you made about this subject. Give it a break already. Very Serious!

increasenow · Jan 11, 2008

Quote from Trader273:

Are you sure the YM is moving??? I dont know, maybe I'll check the other thousand posts you made about this subject. Give it a break already. Very Serious!

thanks Trader273...really appreciate your encouragment!

increasenow · Jan 11, 2008

Quote from Trader273:

Are you sure the YM is moving?

yes, do a search for my other posts regarding this...

BondTrader50 · Jan 11, 2008

What is your concern?

timetotrade · Jan 11, 2008

See this

http://www.cbot.com/cbot/docs/87350.pdf

If the YM is going to be traded on Globex, then if Globex goes down and a trader has a position in a Globex contract (ES, NQ or ER2), then he can't offset that trade with the CBOT's YM anymore. But that may change when the ER2 moves to the ICE, I think.

RedDuke · Jan 11, 2008

Quote from timetotrade:

See this

http://www.cbot.com/cbot/docs/87350.pdf

If the YM is going to be traded on Globex, then if Globex goes down and a trader has a position in a Globex contract (ES, NQ or ER2), then he can't offset that trade with the CBOT's YM anymore. But that may change when the ER2 moves to the ICE, I think.

When was globex down last time?

Also, DAX trades through out all US session.

volente_00 · Jan 11, 2008

Quote from RedDuke:

When was globex down last time?

Also, DAX trades through out all US session.

I know of 2 times in 2007 it went down.

RedDuke · Jan 11, 2008

Quote from volente_00:

I know of 2 times in 2007 it went down.

Curious, do you happen to remember what times of day it happenned and how long it stayed down.

volente_00 · Jan 11, 2008

Quote from RedDuke:

Curious, do you happen to remember what times of day it happenned and how long it stayed down.

Don't recall. I know ecbot was less reliable back when I used to trade ym. I think one of the outages was during the morning but i don't think it was down for very long. I may be thinking of ecbot and not globex.