No quotes for pit

Discussion in 'Financial Futures' started by Keene, Jun 30, 2006.

  1. Keene

    Keene

    I am doing a couple demo's and the pit contracts on open-ecry have no bid/offer or volume traded. Is this standard/normal for all futures platforms with regard to pit traded contracts?
     
  2. Truff

    Truff

    Usually they don't have market depth but you should at least get a level 1 quote.
     
  3. Keene

    Keene

    I thought that it didn't make any sense. Why does it seems so complictaed to get one system that handles all futures contracts?
     
  4. Truff

    Truff

    PIT trades have to be sent to a floor broker so most of the electronic platforms are not designed for that. But i do agree