Bull$hit ICE cocoa action

Discussion in 'Commodity Futures' started by heech, Mar 31, 2010.

  1. R1234

    R1234

    Nobody knows about TAS orders at ICE?
    It stands for "Trade at Settlement" and you are guaranteed to get filled at the settlement price if you enter your order before settlement time. Cocoa settlement occurs at 11:50am New York time (to coincide with London Cocoa I guess).

    And I'm not sure how valid it is to say that business is being lost to OTC. Looking at aggregate commercial hedger's growth in open interest historically to present day I would say it is still being used extensively and going strong.
     
    #11     May 25, 2010
  2. no there is, Cotton right now has tons of mills coming in at these levels and below here to buy , but overall pretty sucky to be trading in there right now, barely anything going on.
     
    #12     May 26, 2010