Question, YM and Dow

Discussion in 'Trading' started by PohPoh, Nov 19, 2008.

  1. Simple question prolly..

    Why are the YMZ and the Cash Dow so far off during the day..

    I don't trade them, but I've noticed it of this a new phenomenon?
  2. I don't see any major difference between YMZ and cash Dow. shows YMZ futures at discount of 12.17 to cash Dow. Most of the day YMZ futures were trading 10 to 16 points under the cash.
  3. Ahhhh...prices are the's the delta that's throwing me off..
    -499 on the YMZ
    -427 on the $INDU

    Is that not still weird...??
  4. JamesJ


    different trading hours, closing time
  5. Cash close is 16:00 EST, futures close is 16:15 EST. These days a lot can happen in 5 minutes, let alone 15 minutes.

    The futures had a big run up after 16:00 on Tuesday.