Anyone see this character buy them at 118.25 yesterday and sell at 121 this morning? Puts the whole order out there! Why is someone trading 1000 QM's from a commission standpoint? Is it some way to get around position limits?
Hi there, I think I must be misunderstanding you. What are QM's? Are you talking about Aug09 / June10?
ah! Thanks traderTX. I only deal with CL, HO, and RB on Nymex. Most of the stuff I do is on ICE to be honest. You learn something new every day! Thought Aug09/June10 spread sounded a bit wrong!! Cheers.