CME Currency Futures Question

Discussion in 'Forex' started by Johnny Walker, Apr 30, 2006.

  1. I want to make a Canadian Dollar futures transaction on the CME globex platform. Can someone tell me if the globex platform trades currency side by side with the floor during regular trading hours. Another way of putting it is will the Canadian dollar future trade contentiously 23 hours a day on globex. I have gotten conflicting info from different sources.
     
  2. rosy

    rosy

    is there is a CD pit anymore its small. Most of the fx volume at the merc is through globex
     
  3. Yup, Globex will trade 23 hrs.

    Just need to take in consideration that after RTH, volume on the CAD will be minimal and prints on the chart will not be equal to the FX market. You'll see gaps in CAD that won't exist in FX.

    Good luck !
     
  4. Thanks for the input.
     
  5. 85% of last Friday's, 28,237 CD$ contracts traded were electronic, the rest went through the pit.