pit vs. electronic volume

Discussion in 'Commodity Futures' started by TraderZones, Jul 11, 2008.

  1. anyone know how to sleuth the actual volume of pit vs electronic volume for:

    natural gas (NG)
    Crude (CL)
    Heating Oil (RB)
    Unleaded (RB)

    Their website seems to combine them, making it hard to separate...

  2. Maybe in a quote system you can enter CL and CLE and see if they give different volumes.

    From a practical standpoint, What importance volume has, unless you're trading hundreds of million $s?

    If the spread is not too wide, you'll get a decent order.

    However, ALWAYS use limit orders.
  3. http://www.nymex.com/media/071008.pdf

    See page 16. Subtract globex volume from total volume, and I'm assuming "other" volume are block trades, so you'll probably want to subtract those as well.
  4. Surdo


    You are not the sharpest tool in the shed Mister Garcia!
  5. I believe nymex is roughly 90% electronic in futures.......which has been pretty constant with most exchanges for the last few years. Options are almost 100% pit traded I think
  6. I love to give advice:
    I'll give you one.
    Stop whining and start making money and enjoy having a life.

    The advice given to the OP is good, if the spread acceptable, you'll get a decent fill after hours, unless you're trading hundreds of contracts.