Forums - Prop Futures Trading Firm

HOME FORUMS BROKERS SOFTWARE BOOKS CONTACT US

Your Account • Become a Member • Help • Search

	Forums ›› Direct-Access Brokers ›› Prop Firms ›› Prop Futures Trading Firm

Page 8 of 15: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Feeman

Registered: Jan 2012
Posts: 51

02-03-12 10:10 PM

Quote from Maverick74:

You have no idea what you are talking about. I'm done here.

That seems to be your MO at ET. You're the only one who knows what you are talking about.

Tata and happy arguing wherever you go next.

Edit/Delete • Quote • Complain

Feeman

Registered: Jan 2012
Posts: 51

02-03-12 10:17 PM

Quote from bone:

Take another bong hit. Seriously. CL alone traded 1.437M contracts today on Globex.

And what size have you seen on Bid/Ask in CL? The market is thin compared to ES and ZN, total contracts notwithstanding.

Try buying 2500 and tell us what happened to price.

Another argumentative know-it-all who's shopping for customers on ET. Feel free to follow in Mav's footsteps.

Edit/Delete • Quote • Complain

Swan Noir

Registered: Jun 2009
Posts: 1733

02-03-12 10:18 PM

Is it accurate to say there is little liquidity in CL? While I don't trade it I have the impression that it is fairly liquid. During RTH and barring news how many here are trading a size that CL can't digest well?

Quote from Feeman:

I'm speaking of FX futures such as those traded on CME; ditto for the other instruments. There is little liquidity in YM, CL, SI, ZW and many others.

The OP is talking about FUTURES as far as I can tell.

Edit/Delete • Quote • Complain

bone
ET Sponsor

Registered: Apr 2002
Posts: 4336

02-03-12 10:21 PM

Quote from Feeman:

Try buying 2500 and tell us what happened to price.

I have personally done blocks of 5,000 within 5 cents through ICAP and TFS, clearing ICE Swaps or Clearport. I used to trade energy commercially. That's what those facilities are there for.

And I have also traded ICE Swaps and Clearport through Chicago Prop Futures Groups. I have also traded PJM-W Swaps and HHNG Swaps at Chicago Prop Firms.

I would be happy to arrange an independently verifiable wager if you doubt it.

__________________
Spread, Relative Value, and Correlation Trading Instruction from a Professional Trader. The only thing that matters are Clients making money IN LIVE MARKETS. Why not interview my clients for yourself on an independent basis. My typical client is an outright directional trader looking to pick up an industry-recognized specialty technique. http://www.spreadprofessor.com

Edit/Delete • Quote • Complain

Maverick74

Registered: Mar 2002
Posts: 17363

02-03-12 10:22 PM

Quote from Feeman:

Another argumentative know-it-all who's shopping for customers on ET.

And what size have you seen on Bid/Ask in CL? The market is thin compared to ES and ZN, total contracts notwithstanding.

Try buying 2500 and tell us what happened to price.

Damn you are clueless. If you put 2500 contracts on the bid, it would be hit in one second. Gone. Just like that. If you went to the market, you would get slipped for probably 5 ticks. You do realize that the bulk of crude trading is done on the strips right and not just the front month? And you do realize there are both exchange traded spreads that are several thousand up on both sides of the market. Not to mention the implied spreads.

Edit/Delete • Quote • Complain

Feeman

Registered: Jan 2012
Posts: 51

02-03-12 10:24 PM

Quote from Swan Noir:

Is it accurate to say there is little liquidity in CL? While I don't trade it I have the impression that it is fairly liquid. During RTH and barring news would anyone expect more than two ticks of slippage trading 20 contracts?

20 contracts is a retail trade. How about 2500? How much slippage would you expect?

My point in this was about scale--hedge funds have no interest in playing for crumbs in the futures markets and if the OP or anyone else, thinks professionals have any interest in retailesque trades like 20 lots, then they are mistaken.

Edit/Delete • Quote • Complain

Page 8 of 15: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Receive an email whenever a new post is added to this thread by subscribing to it.

Rate This Thread:

Forum Jump:

Conduct Rules - Privacy Policy - Day Trader - Day Trader Forum - Best Trading Software - Sitemap

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures Futures Brokerage & Clearing AMP Global Clearing Futures and FX Trading Bright Trading Professional Equities Trading CTS Futures Trading Software DaytradingBias.com Professional Trading Analytics ECHOtrade Professional Trading Firm	eSignal Trading Software Provider FXCM Forex Trading Services Global Futures Futures, Options & FX Trading Interactive Brokers Pro Gateway to World Markets JC Trading Group Direct Access Trading MB Trading Direct Access Trading	MultiCharts Trading Software Provider NinjaTrader Trading Software Provider OANDA Currency Trading optionshouse Option Trading & Education Questrade Canada's #1 Online Broker Rithmic Futures Trade Execution Platform	SpeedTrader Direct Access Trading SpreadProfessor Spread Trading Instruction thinkorswim by TD Ameritrade Direct Access Trading TradersStudio System Building & Backtesting Trading Technologies Trading Software Provider Trend Following Trading Systems Provider