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Re: Rollover: liquidity



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Liquidity is considered there when the market doesn't move more than a tick
or so
during quiet times to give you a fill.

Regards
Renate



At 12:14 PM 6/23/98 -0400, John Stevenson wrote:
>Essan:
>How is liquidity of a given contract determined, and what level is
>considered to be too thin? Does thin liq. mean that there is not enough
>cash in the contract to cover open pos'ns?
>
>Thanks in advance,
>John Stevenson
>
> 
>> Close out existing position and open new position in next liquid
>contract.
>> You will have to instruct your desk to do this.  Do not worry so much
>about
>> commissions - They are a function of doing business.
>> 
>> De Vries, Trevor wrote:
>> 
>> > R'Ters
>> >
>> > Can someone please explain to me how you 'rollover' your futures
>contract:
>> >
>> > ie. I am long Sugar which for example expires in 3 days.
>> > Do i have to close this out and then buy the next months contract,
>thereby
>> > incurring the additional commisions ? or is there another way.
>> >
>> > Regards
>> >
>> > Trevor De Vries
>> 
>> 
>> 
>
>