Dow YM vs DD

Discussion in 'Index Futures' started by dieselman8, Sep 6, 2006.

Would you trade the DD if they got rid of the YM?

  1. Yes, if it closes the spread in the DD.

    3 vote(s)
    42.9%
  2. No, I don't believe it will help the DD.

    3 vote(s)
    42.9%
  3. No, the DD is too risky for me.

    1 vote(s)
    14.3%
  1. So obviously the DD is a huge failure, with only 10-20 contracts trading per day.

    There has also been a large decline in interest in the YM since the increase in CBOT exchange rates, which has renderred the $5 dow mini to look comparatively worse to competing products at the CME. Moreover, the YM now does 1/2 the volume of the ER2 in what used to be two products which had similar daily volume. And less than 10% of the volume of the ES.

    Now to the DD, which consistently has a 2 tick spread, rendering it useless compared to the fungible YM with 0-1 tick spread. I believe when the CBOT released the DD, they thought the opposite would occur. Namely, the 1-2 tick spread would be in the YM, not in the DD.

    So my question is would trade the DD if they eliminated the spread by doing away with the YM?
     
  2. Only if the volume picked up dramatically.
     
  3. YM ain't going anywhere my friend .......not anytime soon..........es is the one that is creeping.........as weell as the nq