I want to trade the S&P Sector Futures such as XAY for Consumer Discretionary and XAP for Consumer staples, but I couldn't find then on IB's Product List page. Or do they have different tickers than the ones shown on the CME website? http://www.cmegroup.com/trading/equity-index/e-mini-s-and-p-select-sector-futures-faq.html Thanks.
Why would they? Nobody trades them. No volume. No open interest. http://www.cmegroup.com/trading/equity-index/select-sector-index.html CME have a habit of listing crap that nobody trades.
Those vol stats are wrong. These contracts have OI and volume. http://www.cmegroup.com/trading/pro...alse&sortField=vol&searchString=Select+Sector
Although I generally agree with what you're saying it depends on the market making program in play. Some of the mini contracts for metals and energy actually are fairly decent (although I recommend people stick to the full size ones if they have the margin/account for them). If CME has a decent market making program in play for these then they can be a viable product. One reason you should trade these over the ETFs? 1256 contract taxation with no ambiguity, SPAN margin offsetting (for spreads), better margins, and Globex hours.