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Re: Chicago vs New York



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The problem may be your broker. Reporting delays from NY are more frequent
than from the Chicago markets but over 30 years I have had few problem with
fills from the NY markets. You must keep in mind that most NY markets are
not a big (open interest and volume) so you must expect more slippage.

Also, I don't think they are crooks as another respondent claimed.

Tin Mervin Yeung wrote:

> Hi, RTs,
>
> In the past, I only traded futures listed in Chicago.  Now, I start to
> trade sugar.  I notice that it usually takes less than 3 minutes to get
> filled in Chicago (CME or CBOT), but on CSCE in NY, it took more than 10
> minutes.  And the fills were bad.  Those fills in Chicago are usually
> good.  Why is this possible?  My friend just advised me to avoid the New
> York market all together.  Although my sugar trade turns out to a big
> winner, I don't feel good to give up so many ticks in order to get out.
> (Oh, I end this sentence with a preposition!  Is this not allowed in
> Standard English?  )
>
> Mervin