1000-lot QM monkey

Discussion in 'Energy Futures' started by erlewine, Aug 7, 2008.

  1. 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?
     
  2. Hi there,

    I think I must be misunderstanding you. What are QM's? Are you talking about Aug09 / June10?
     
  3. It's the mini NYMEX Crude futures
     
  4. 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. :)
     
  5. jtnet

    jtnet

    becuz hes a baller