NASDAQ ENERGIES vs NYmex and ICE

Discussion in 'Commodity Futures' started by ballsofgold, May 9, 2017.

  1. Robert Morse

    Robert Morse Sponsor

    Interesting names:
    Ab Chipsters Food Oy
    Aqua Farms Vartdal AS
    Bravo Seafood AS
    Helen Oy
    Lobster Seafood Sweden AB

    Not really the big names, but there must be a reason why there are food companies from overseas.
     
    #11     May 9, 2017
  2. oh yes good observation....my bad
     
    #12     May 9, 2017
  3. java

    java

    Something smells fishy.
     
    #13     May 9, 2017
  4. Robert Morse

    Robert Morse Sponsor

    My quick 2 cents. I hate fragmented markets. I would rather have one market places where all orders go to, so every order is accessible in one place with price discovery. In the US, there are now 15 equity options exchanges all with different models. I think this is terrible for the public. Terrible for MM. Good for the exchanges and the institutions that want to cross blocks. If futures do that, it will be terrible too.
     
    #14     May 9, 2017
  5. lots of the upper end platforms, TT, stellar and cqg have the market aggregator function to route the orders where liquidity is best but this is too fancy for me...
     
    #15     May 9, 2017
  6. i960

    i960

    I'll stick to ICE and CME, thanks.
     
    #16     May 9, 2017
  7. Robert Morse

    Robert Morse Sponsor

    For what it is worth, Wedbush futures can clear these and " NFX exchange is accessible Via CQG and TT."
     
    #17     May 10, 2017
    ballsofgold likes this.
  8. TraDaToR

    TraDaToR

    Yes. NFX has already taken a bit of NYMEX and ICE business. If you are trading calendar spreads, you will have the same B/A spread for gasoil on NFX than on ICE Europe, with 50 shown instead of 500...I know most ETers trade 800 lots a clip but for us mere mortals it is a nice saving on exchange fees...Advantage is a founding member. They told me they can go really low for clearing on NFX.
     
    #18     May 10, 2017
  9. Rob, Tradator....good info..tks
     
    #19     May 10, 2017
  10. TraDaToR

    TraDaToR

    It looks like lately NASDAQ is the only exchange looking to maintain or reduce the data and exchange fees.This trend needs to stop. Go NASDAQ.
     
    #20     May 10, 2017
    ballsofgold likes this.