I've got a list of 26 different markets that I'm looking to trade or at least follow & I'm a bit stuck - I want to be looking at the most active exchanges based on volume / open interest. Is there an easy way to find out which markets are the most liquid? It would be a nightmare to have to search for each one individually amoungst all exchanges!!! I've listed the markets that I'm following below 1. British Libor 2. British Pound 3. Canadian Dollar 4. Coffee 5. Copper 6. Corn 7. Cotton 8. Crude-Oil 9. Euro 10. EuroDollar 11. Gold 12. Japanese Yen 13. Live Cattle 14. Lumber 15. NYSE Composite Index 16. Orange Juice 17. Palladium 18. Pork Bellies 19. S&P 500 Index 20. Soybean Oil 21. Swiss Franc 22. T-Bills 23. T-Bonds 24. T-Notes 25. Unleaded Gasoline 26. Wheat thanks if anyone can help! J-S
Im guessing you are swing trading these commodities so your complete question really is "which ones are liquid and also trend". I used to do this (until I got fed up of being screwed on the NY exchanges) so: 1. British Libor - No. 2. British Pound - OK, but choppy. Trade Euro/Yen/Franc instead 3. Canadian Dollar - Yes 4. Coffee - Yes but beware strong limit moves & gaps 5. Copper - OK - better to follow gold/silver though 6. Corn - Good, very small contract size 7. Cotton - Very Good 8. Crude-Oil - Good. Be careful of API report days though 9. Euro - Very good 10. EuroDollar - Very liquid, boring most of the time, but can be a strong trender 11. Gold - Historically a little difficult, but probably best contract to have your metals section covered 12. Japanese Yen - very good 13. Live Cattle - OK, a bit seasonal 14. Lumber - Does trend but can do nothing for long periods 15. NYSE Composite Index - I would stay clear of stock indicies for commodity trend trading. They exhibit too much random behaviour 16. Orange Juice - I didnt really get on with the old juice. 17. Palladium. Not liquid. For the suicidal (or Russians with inside info!) 18. Pork Bellies. The classic. I have had some good moves on it. Fairly liquid but chops sometimes. 19. S&P 500 Index. Forget it, as above. 20. Soybean Oil. Good, small contract size. But no point trading all 3 of the soybean complexes unless you are spreading. 21. Swiss Franc - Very good 22. T-Bills - Illiquid 23. T-Bonds - Very good 24. T-Notes - Very good 25. Unleaded Gasoline - Hmm, stick to crude oil. However look for leadership from this contract for the kick off of "summer driving season" 26. Wheat - Good. Can be a little choppy.
i've got a better link somewhere, just can't find it at the moment (!!). this one's got top ten worldwide... (check out Kospi options!!!) http://www.futuresindustry.org/fimagazi-1929.asp?iss=130&a=789
"15. NYSE Composite Index - I would stay clear of stock indicies for commodity trend trading. They exhibit too much random behaviour" I disagree - trade the minis. The trend is very real. 11000->8000 on the dow. choppy but more to come on the downside (IMHO).
Oh. This is an easy one... 8. Crude-0il 16. Orange Juice 20. Soybean Oil 25. Unleaded Gasoline These are the only ones which have liquid in them. Jeez, and everyone thought I was dumb...
That's an excellent help & gives me some good ideas about what to focus on. I've noticed that some of the markets are traded on more than one exchange - Is there anywhere that gives info on which exchanges are the more liquid for the markets I listed? Thanks again, I really appreciate it J-S
As far as I know, EUREX / LIFFE are the best ones!!! So, have you started trading those markets already? (Crude oil, coffee, soybeans...etc) Best Regards, Raphael