YM/Globex back up.

M

mrbud

Hi guys.

I pretty much just day trade the YM, sometimes the ES/NQ.
When ever the CBOT went down while in a trade, I could protect myself by hedging in the ES etc.

Soon the YM will be on Globex. Any ideas on a good electronic hedging instrument for the YM when Globex goes down? Something electronic? It's tough calling brokers for pit trades when everyone else is doing it.

I was thinking DIA, but wanted to avoid a new 25k account just for the time when Globex goes down.



Maybe Forex? Any thoughts?
 
Quote from mrbud:

Hi guys.

I pretty much just day trade the YM, sometimes the ES/NQ.
When ever the CBOT went down while in a trade, I could protect myself by hedging in the ES etc.

Soon the YM will be on Globex. Any ideas on a good electronic hedging instrument for the YM when Globex goes down? Something electronic? It's tough calling brokers for pit trades when everyone else is doing it.

I was thinking DIA, but wanted to avoid a new 25k account just for the time when Globex goes down.



Maybe Forex? Any thoughts?
More...

Forex :confused:

You can hedge with Russell 1000 futures on ICE.

Russell futures trade at $10 a tick instead of YMs $5 so if you trade one lots at a time it wont really work..
 
Businessman, I'll check that out on the ICE, thanks.

Proximo, I mentioned DIA, but didn't want another 25k account just for insurance, if there was something better.

Spectra, that's the old way, when the CBOT was separate from CME.
 
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