Who was affected by cme outage today?
- Thread starter manonfire
- Start date
https://www.elitetrader.com/et/thre...s-in-extreme-situations-for-a-scalper.321254/
You should be prepared for stuff like this, think about it in advance. I hedged my open ES and NQ positions through Eurex. Not a perfect hedge of course, but it definitely helped.
You should be prepared for stuff like this, think about it in advance. I hedged my open ES and NQ positions through Eurex. Not a perfect hedge of course, but it definitely helped.
I would think most traders aim for hold times well over an hour.
As trading on shorter time frames = higher commissions.
Maybe ET members were not trading during the outage on the CME.
Mayber ET members were not trading on the CME (they were trading elsewhere)
What time was the 1 hour outage...when did it start and when did it stop ?
wrbtrader
This. I primarily trade US equity options, so while I saw the bulletin in TWS, it had no material impact on me. Sure I have some CME products on my watch list (ex ES, CL), but they're for reference (I don't trade them). Closest items relevant to me would be SPX and VIX options, but they're on CBOE (not CME).
I definitely see advantages in the consolidated nature of some futures products trading, but reduced impact of exchange problems is definitely a positive of the distributed nature of the US equities trading.
EDIT:
I see exchange problem bulletins somewhat regularly on TWS, so unless they affect me (unlikely), I don't pay much attention to them. Does it only show you bulletins for what you have trading permissions on? I have permissions enabled on everything even though I'll likely never trade most of them. Perhaps I should disable so I stop getting the bulletins for random exchanges.
Last edited:
I was trading crude oil, only noticed delay in reporting filled order on TOS, order was flagged completed, but wasn’t moved to ‘filled’ section, still stayed in ‘working’ for 5 minutes or so.
My software program tried to place an CL order automatically at approximately 3PM ET. It was rejected by IB with some funky error message, which I didn't understand when I saw the message one day later. Now I understand what has gone wrong.