NQ tick size reduced

Discussion in 'Index Futures' started by sammybea, Mar 10, 2006.

  1. Ebo

    Ebo

    What are you talking about?

    The NQ spread is NEVER 2 points bro.

    Are you trading March or June contracts?
     
    #31     Mar 15, 2006
  2. Hoi

    Hoi

    You probably "forgot" to roll-over to June one week ago (roll-over time and the volume moves on Thursday week before expiration )

     
    #32     Mar 15, 2006
  3. I'm, looking at NQH6, it's back down to a 1 point spread now.
     
    #33     Mar 15, 2006
  4. Triple X,

    you are indeed looking at the wrong contract. H means March. M means June. June is the active contract. Look at NQM6.
     
    #34     Mar 15, 2006
  5. Hoi

    Hoi

    Again: go to NQM6 if you want tight spread....

     
    #35     Mar 15, 2006
  6. Thanks for the info..I'm just following the futures, not trading them. Where can I find a list of the letters for each month?
     
    #36     Mar 15, 2006
  7. Ebo

    Ebo

    #37     Mar 15, 2006
  8. Thanks :eek: :D
     
    #38     Mar 15, 2006
  9. ===============
    CME,BOT have that info;
    Interactive Brokers is quicker however for symbols.:cool:

    Figure CME did that to help compete with BOT ,YM contract.

    It seem to be part of CME,BOT .ISE,OXPS,TRAD uptrends ;
    especially since BOT,CME didn't sell off when SFO magazine put those 2 on front covers.:cool:

    CME offered to sell me some data not to long ago;
    would rather record my own,
    but thoughtful of them to ask.
     
    #39     Mar 15, 2006
  10. anchor - i totally agree.

    the spread is why i trade YM instead of ES

    now i may consider the NQ.

    ES is, frankly, a ripoff- certainly for anything less than position or swing trading.

    if you consider that for every 10 pts in YM equals roughly 1 pt in ES, then 10 ticks in YM equals 4 ticks in ES

    i don't mind (as much) a 5 pt spread in Nikkei, since the moves are so huge - 100 pt- 200 pts not uncommon.

    but costs are a big part of trading.

    I would consider trading ES with a .1 tick. but @ a .25 tick, it's a ripoff. i'll leave it to the hordes, and trade YM.
     
    #40     Mar 15, 2006