FX-Trader, Interesting point. Any specific contracts you would recommend? For Euros, Swiss Frank, Yen, British Pound, other? Thanks.
Thanks guys. I really appreciate your help. I dug deeper in the CME website, as suggested, and found lots of stuff. Then, I exchanged e-mail with them (the CME people were very helpful) and also used the IB website and got the rest of the information I needed. What I'm doing now is test my system on the Euro futures - it tends to trend a bit better than the S&P and I'd like to see if I can be more profitable trading that instead of the ES. Much less liquidity, but it may still be sufficient for what I'm doing and the way I enter and exit the market. Best of luck in your trading.
Looks like EUR on IB has good liquidity compared to E7 on IB. what's the symbol of Euro futrues u are looking into??
The one interesting product from the NYBOT (Finex) is the future on the Dollar Index (DXY). It's a geometrically weighted index and the weights are made up to represent 'trade-weights' between the U.S. and its trading partners. 0.01 tick value is $10. It's useful if you want to trade USD vs a whole basket of other currencies, although I don't like the weights too much the way they are (Swedish krona weighs more than Swiss Franc, Euro and Yen are overweight) For liquidity reasons, I still prefer the currency futures on Globex.