List of cash settled futures

Just trade the front month and roll to the next contract when the volume gets bigger in the next expiry, easy.

 

Makes sense, thanks

 

And respectfully, you have a lot to learn before risking any money live. Keep doing your research and homework.

 

Thanks for the advice. Yes will do. I have already started doing ES with some decent backtesting (automated). I just posted another discussion on the similar lines, you might have some interesting thoughts on it since you are "algofy" which tells me that you are an algo guy: https://www.elitetrader.com/et/threads/es-cl-more-having-multiple-futures-auto-strategy.306975/

 

Go to : http://www.cmegroup.com/market-regulation/position-limits.html
Download the CME Position Limits XLSX file. Filter for Financially Settled products in column G.

Then you got your list.

 

I posted on the other thread.

 

I'm not an expert on this. Here is some "light" reading for you. https://www.cmegroup.com/rulebook/CBOT/I/7/7.pdf

 

The FCMs are intermediaries in all dealings between an account holder and the clearing house. Delivery into a futures contract is just another such transaction, so it's perfectly understandable.

 

Thanks OMM! I found the relevant bits. Section 702...

A clearing member carrying an account that is required to make or accept delivery agrees to guarantee and assume complete responsibility for the performance of all delivery requirements set forth in the Rules.

And section 716...


Prior to the last day of trading in a physically delivered contract, each clearing member shall be responsible for assessing the account owner’s ability to make or take delivery for each account on its books with open positions in the expiring contract. Absent satisfactory information from the account owner, the clearing member is responsible for ensuring that the open positions are liquidated in an orderly manner prior to the expiration of trading.

 

I have a CTA that trades AG products for me. Almost every month I get a notice like the following. I have a big 2 Bedroom apartment, but not this big. He always covers about a week before he has to. Still a little scary. 1 contract is 40,000 pounds of LIVE Cattle!