on ib cc details it says 1mln notional, it is not the case then and the multiplier [5000] is the number of bushels not the tick value, just want to make sure before i place a trade..thx.
I read that the pro-rata algorithms is similar than the CME eurodollar; but does anyone know where to find the detail how the pro-rata and the fifo algorithms are applied by the eCBOT engine on 2Y and 5Y Treasuries? http://www.cbot.com/cbot/pub/page/0,3181,2000,00.html#cbot
What are the big data releases affecting corn, harvest estimates etc is there a site with a data calendar for the ags, what's their equivalent to non farms for the bonds? I don't fancy having a position when it kicks off
Check out www.iowagrain.com. These guys really know their ag markets and I'm sure there is a major release calendar there somewhere also check out their sample research letters, extremely comprehensive. When I worked on the ag floor the monthly USDA crop report was always a big release. Check out CBOT.com too there are release calendars there. These markets are much different than Treasuries, no major releases during trading hours, usually the news comes out sometime between 6am and 9am, always before the open. Good luck.