Spread, silver and the GLOBEX

Discussion in 'Commodity Futures' started by Done 777, Aug 24, 2008.

  1. Done 777

    Done 777

    How wide is a spread on silver on globex? Is it better than oanda? Oanda has 4-6 cents.
  2. depending on the time of day and the orderflow

    the spread can be under 2 cents in silve futures

    other times when some market participants are afraid
    of more "monkey business" ( i.e. if there was a spike up or down in the price of silver a minute or two ago prior )

    the spread can be alot wider than Oandas until
    the market calms down
  3. Done 777

    Done 777

    Where can I check current difference between the best bid and the best ask? I checked cbot site, cme, liffe but I don't see that.
  4. here ya go

    mind you this time of evening in the EST USA

    the spread is wide and volume thin

    esp with the forex movement in the last few hours up and down

    12.71 X 12.72 1/2

    basis dec futures in SI ( comex )
  5. Done 777

    Done 777

  6. moo


    Only 1 cent during active trading hours. Often just half a cent. Get a real broker and see for yourself.
  7. Screw all the other suggestions. Use nymexdata.cme.com . You can watch the live quotes for yourself and see the book and spreads for free for oil, nat gas, gold, silver and handful of others.