e-miNY crude oil and gas futures changes

Discussion in 'Energy Futures' started by OfmY, Nov 13, 2005.

  1. OfmY


    E-mini WTI NYMEX mini Crude Oil (QM) and e-miNY Natural Gas (QG) contract futures on the New York Mercantile Exchange, currently hosted on GLOBEX, will migrate to the NYMEX ClearPorts trading platform on Friday, 18th November 2005, at 19:30 PM GMT.

    As a result, SaxoBank, for instance, will be unable to continue trading in these futures.

    How with other brokers? And what is the difference between Globex and ClearPort?

    For more info:


    Which brokers support ClearPort? Does it mean that IB, Man will also cancel such trading with e-miNY?
  2. Bump.

    Is the Clearport transition actually going to happen this time?
  3. Surdo


    It sure looks that way!
    QM not trading on GLOBEX.
  4. Do you guys think this move is going to raise or lower the volume? If brokerage firms that were trading on Globex no longer can on ClearPort, will their clients stop trading the QM or just transfer to a broker that can (like Alaron)? And if there's enough brokerages that can't trade on ClearPort why move off Globex? I know they are cutting out the middleman, but if volume suffers, this may back fire.

    It'll be interesting to watch Monday. I got an email from Alaron saying that we can trade Monday, but only with limit orders and no stop orders, market orders, etc. Just limit orders. I think I'll sit on the sidelines till I am 'allowed' to place a stop loss order!
  5. I am not seeing high or low prices with
    InteractiveBrokers ... for QM Jan 2006 mini ny crude oil futures

    I do think I see bid / offer ... last trade price
    and DOM ( 7 levels ) for the orderbook
  6. tomcole


    Some of the electronic platforms seem to have missed the switch over and seem to be blaming the brokers.
  7. I am with IB I have streaming data, but can't backfill.

    Symbol has changed: year is 06, was 6.
  8. u130747


    I have same problem.

  9. Ok, this is the most idiotic thing I've ever seen regarding contracts:

    Until Friday, 30.000 - 50.000 contracts were traded each day, today it's only a bit more than 2000 until now, probably 5000 until this day is over.

    The Nymex is such a bunch of *****
    In order to preserve their floor they do everything, even kill a good product.

    F*** IT!
  10. Surdo


    CL or pit traded volume has not been drastically affected by this migration. So why can't you just pick your spots in the QM?
    I would think most platform's/brokers will have Clearport access within a few days.
    #10     Nov 21, 2005