where does YG trade ?
- Thread starter Kicking
- Start date
Mar 27, 2009
ECBOT Metals (ZG / ZI / YG / YI) Migrating to NYSE-LIFFE
At the end of March, the CBOT will be transferring its electronically traded precious metals segment to the NYSE-LIFFE (the contracts are listed on IB as ZG/ZI/YG/YI). Effective as of the close today, the market data for these contracts will be provided by the NYSE and a new data subscription will be required in order to continue receiving the information. The contracts involved are:
100 oz. gold futures (ZG)
5000 oz. silver futures (ZI)
Mini-sized gold futures (YG)
Mini-sized silver futures (YI)
100 oz. gold futures options (OZG)
5000 oz. silver futures options (OZI)
ECBOT Metals (ZG / ZI / YG / YI) Migrating to NYSE-LIFFE
At the end of March, the CBOT will be transferring its electronically traded precious metals segment to the NYSE-LIFFE (the contracts are listed on IB as ZG/ZI/YG/YI). Effective as of the close today, the market data for these contracts will be provided by the NYSE and a new data subscription will be required in order to continue receiving the information. The contracts involved are:
100 oz. gold futures (ZG)
5000 oz. silver futures (ZI)
Mini-sized gold futures (YG)
Mini-sized silver futures (YI)
100 oz. gold futures options (OZG)
5000 oz. silver futures options (OZI)
The CME had an agreement with NYMEX that if NYMEX used GLOBEX the CME wouldn't compete with NYMEX products. Alas NYMEX bought COMEX and the CME bought the CBOT and two competing metals listings were in play. By terms of the agreement Comex contracts had the upper hand.
Looks like the CME is listing new gold and silver E-Mini contracts fwiw.
http://cmegroup.mediaroom.com/index.php?s=43&item=2828
JC
http://cmegroup.mediaroom.com/index.php?s=43&item=2828
JC
It's a dollar a month for the data for both professional and retail.
Maybe the CME's mini contracts will pick up the slack when they start trading in mid April. That would be fine by me as there is definitely demand for the mini gold and silver contracts and they've got a lock on the big ones anyway. We'll see..
Quote from caglebagle:
Looks like the CME is listing new gold and silver E-Mini contracts fwiw.
http://cmegroup.mediaroom.com/index.php?s=43&item=2828
JC
If I m right, there are mini contracts on comex gold and silver already( different tick size than YG,YI ). Are they trying to create the exact same as NYSE LIFFE?
