Will IB list the New ICE traded Crude contracts?

Quote from just21:

The chances of any exchange taking significant volume from another is extremely low. Last time it happened was the Bund from Liffe to Eurex.

It's now 7:00 EST, the morning session is done at IPE. For a new contract that is just released (WTI) the Volume is quite good compared to QM:

QM now 1,502 contracts
WTI now 1,785 contracts
COIL now 10,080 contracts.

Nice thing is that WTI has a smaller ticksize: 0.01 ($10) compared to 0.0125 ($12.5).
 
Now just after close of QM-Nymex (14:30 EST):

QM close 45,988 contracts
WTI now 27,739 contracts
COIL now 55,218 contracts.

Well it looks they have a winner: the WTI is just 3 trading days old, and already at 60% of the QM :)
 
Quote from Hoi:

Now just after close of QM-Nymex (14:30 EST):

QM close 45,988 contracts
WTI now 27,739 contracts
COIL now 55,218 contracts.

Well it looks they have a winner: the WTI is just 3 trading days old, and already at 60% of the QM :)

QM (500) is half $ of WTI (1000)?

So, WTI exceeds QM on a dollar volume basis?

... am I missing something here?
 
Quote from danoXP:

QM (500) is half $ of WTI (1000)?

So, WTI exceeds QM on a dollar volume basis?

... am I missing something here?

Correct, on a dollar base.

For scalping I like to see a lot of traded contracts in a moving (volatile) market. Both QM and WTI show a good contract volume, and thereby a nice real-time TickChart.

The TickSizeValue of WTI is 0.01 tick ($10) and that of QM is 0.025 tick ($12.5). So when the market moves 4 ticks in QM ($50) it is equal to 10 ticks in WTI ($100).

But COIL is compared to WTI probably better (also 0.01 tick and $10)
 
Quote from Hoi:

Now just after close of QM-Nymex (14:30 EST):

QM close 45,988 contracts
WTI now 27,739 contracts
COIL now 55,218 contracts.

Well it looks they have a winner: the WTI is just 3 trading days old, and already at 60% of the QM :)

On Tuesday this week, ICE WTI future did over 46,000 contracts!
 
Quote from Arbitrageur:

On Tuesday this week, ICE WTI future did over 46,000 contracts!

?? on Tuesday Feb 7...it showed on TWS, for the March-contract, the numbers I posted....
 
is that all session, or just the WTI open hours?

on the ICE website, yesterday Wed 8th is showing for 44k contracts, does that match with your TWS figures?
 
Quote from Arbitrageur:

is that all session, or just the WTI open hours?

on the ICE website, yesterday Wed 8th is showing for 44k contracts, does that match with your TWS figures?

No not quite...at 14:30 EST which is 19:30 LondonTime TWS showed 27,739 contracts WTI-March-2006.

At that time NYMEX closes and volume after hours will not add 16k on IPE...I'm puzzled..
 
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