I know this was questioned a few months back but now that YM and the cbot ags transfer onto the cme host this weekend, will they be reduced to 5 price display in the order book like other cme products? The CME has issued the following schedule for the migration: LAUNCH WEEKEND 1 - Sunday January 13th: CBOT Agricultural and Dow products go live on GLOBEX LAUNCH WEEKEND 2 â Sunday January 27th: CBOT Interest Rate Products go live on GLOBEX.
Yes, book depth will be reduced. "Upon migration, the market depth provided for CBOT products will become consistent with market depth offered on CME Globex: ⢠Futures: 5 deep ⢠Implieds: 2 deep ⢠Options: 1 deep" See http://www.cmegroup.com/files/EX_Readiness_FAQs_2008_v2.pdf
Thanks. I can't say I'm happy about it, I think it will make ags trading harder, Ym will probably be ok.
I'm getting YM quotes via TWS with ECBOT as the exchange still... must be the way TWS is doing things...