I use a spreadbetting service so the spread is 30 points. Not sure what it is on the underlying futures.
Spread can be as low as 1 point but typically 1-8 maybe average is 2-3 .... it tends to widen briefly when sellers and buyers reach a critical point then shrink back. Also can be very large in runaways like this afternoon.
Trying to pull up a chart on this market using ensign and the ib feed. Have not looked at it before. hsi h5-hkfe Is this the correct symbol for ensign/ib? It is not showing up.
i dont know what the symbol for ensign is. im using sierra charts. looks like u are trying to pull the march contract up. i was watching the jan (F) contract last night. i think this is now the front month...but im not for sure? if its not the front contract it sure is active. some great moves last night. good luck, jim
Jim, I am looking at Sierra. Out of curiousity, do you use ScMagic for data back fill? If so, how do they work? I cannot figure them out (pricing wise). I am trying to find a solution to hook up with IB for hang seng data. Sierra seems very customizable. However, I am not a techie and it seems like a real do-it-yourself type system!
hello TGM. i do use Sc magic...just of hand i dont remember what the pricing is but it was very reasonable , im thinking like 12 bucks a month. i dont have my IB account opened yet so ive been watching a friend of mines account just to see how it trades. so as far as getting it hooked up to IB i really dont know much about it yet. i can tell u that SC magic seems like a good source for updates. all ive been doing is getting the updates from SC magic and just doing research only. sierra has a small learning curve but i am defiantly no techie either. there is a support site for sierra where i have got some answers to some very simple questions about sierra. there are a few people on there who are really helpful....three minutes till open...i gotta run. ill try to answer more later....good luck , jim
January is the front month at present. Contract ends business day preceeding last HK business day of the month. Volume in near month picks up significantly aropund 24-25th of the month as people roll.
Thanks for the Feedback! LOL...I have an IB account open and am looking for a charting program! Direct opposite of you! I can get my technical goodies done for Sierra (my indicators). So I was looking at it. This seems like a good option. It is so cheap of an option it scares me! I am used to paying alot of money for data. How is the data from IB? Does ScMagic do backfill for bunds and bobls as well well? It is not easy finding data for the Hang Seng. Cqg is adding more Asian exchanges in the 3rd quarter of this year.
yea, ironic huh!? ive just started to work on some indicators in sierra and ive got some good help from the sierra web site. they have a forum where u can ask questions ( i have alot) and i have found it very useful. i am so computer illiterate its not even funny. SC magic wiil give you 2 years of 1 min data on the HSI. im not for sure about bunds or bobls but i THINK the answer is yes. i agree that it is inexpensive. SCmagic has two options for quotes one package is 60.00 per quarter and the other is 45 per quarter. i think im on the 45 per quarter one but there is a sign up fee for like 15 bucks or something. again very inexpensive. i have used CQG alot in the past and i cant think of a better platform. i just dont have that type of money to spend. as i mentioned earlier i have been watching the HSI trade on IB and it really moves. i have been watching it in the DOM display (cant think of the name of it) and it seems great. i have also heard some good things about the speed of the quotes and reliability from some others on ET. i think this same thread. anyway im interested to hear how it goes for u. i wont be trading till first of march so i wont have alot of input till then but id love to hear how everyone else is doing w/it. good luck. jim