Is YM liquid enough for fast fills?

Discussion in 'Index Futures' started by high99, Feb 21, 2003.

  1. high99


    It appears that the spreads are getting
    tighter, and the volume is up. Can a
    trader get in and out fast, like ES?
  2. regough


    Well, first of all, it is not like ES, liquidity-wise. ES trades hundreds of thousands of contracts- YM trades maybe 30-35000.

    That having been said, the liquidity is steadily growing, and the spreads narrowing- at least during the actual trading hours. If you are only trying to trade a few contracts you can get in and out O.K. and practically immediate. Outside market hours, its awful.

    Personally, I prefer more liquidty.