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Most people I know now trade internet based cash FX instead of futures.
Liquid markets 24 hours a day and real stops.
Chris
----- Original Message -----
From: "Thomas Alexander" <alexander_enterprises@xxxxxxxxx>
To: "Omega List" <omega-list@xxxxxxxxxx>
Sent: Thursday, August 09, 2001 11:14 AM
Subject: Trading experiences on CME-Globex contracts
> Good morning spectacular speculators!
>
> I'm using Interactive Brokers to trade electronic future contracts (they
only
> offer electronic futures). I'm currently trading a/c/e 10 year Treasury
Notes
> and looking for more contracts to add to my trading mix. Other interest
rate
> markets are not too good an idea since they are so highly correlated. For
a
> beginner such as myself, indexs are a little pricey in margin and point
value.
> So I am considering Globex contracts. With my current data problems I
decided
> to go to the source (Globex time and sales FTP files on their web site) to
> determine average number of ticks per day. I downloaded their files for
July
> and August and did average tick counts per day in Excel. Here are my
results:
> AD=285 CD=656 DM=5 E7=21 EC=1757 ED=370 EM=13 FR=2 J7=5 JY=961
NB=647
> RF=22 RP=30 RY=93 SF=630.
>
> I am amazed at how low the tick counts are for some of these contracts,
> especially the DM=5, CD=656 and FR2! The only contract with even a
reasonable
> daily tick average is EC=1757, the Euro FX.
>
> Two questions: 1) Does anyone have any insights, comments or warnings on
> trading the Globex EC contracts? 2) Can anyone that has other than
Esignal
> data generate average daily Globex tick counts to confirm my study?
>
> Thank you for sharing your wisdom and tick counts!
>
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