Suprised how thin MGC (mini gold) is

Discussion in 'Commodity Futures' started by nitro, Sep 7, 2016.

  1. nitro

    nitro

    1 Contract on bid, $5 wide?
     
  2. chido

    chido

    Why? Interest in all financial markets is crumbling.
     
  3. southall

    southall

    Whats wrong with the big contract?
    Why would anyone trade the smaller more illiquid ones?
     
  4. Sure you looking at the de facto front Z16? I haven't seen it wider than a buck, usually 50 cents
     
  5. nitro

    nitro

    The reason to use a smaller contract vs a bigger one is that it gives more accurate balance when spreading.
     
  6. nitro

    nitro

    Ahaaaahaa. Yeah I was looking at the wrong contract. It is much tighter. Still, the size on bid/ask is pretty dismal, imo.