Guys, In the last hour of trading there was tremendous liquidity in E-mini S&P. The average volume was cumulative 2000 contracts 5 deep where normal the average is around 1000. Anybody has a sensible explanation for this ??
i mentioned some time ago that more companies were going to start trading the eminis from bonds to stock traders liquidity feeds liquidity
Institutional buying. Ticks made new highs for the day in the last 15 minutes. Attached is a 15 Min. Bar Chart of the NYSE Tick indicator.
Was the actual volume traded higher, or just the bid/ask depth? Watch for awhile and you will see lots of 500 contract surges on the bid/ask 2 or 3 ticks away from the current market. These big contract blocks then disappear before price reaches them. My guess is that big boyz are trying to play level II type games with globex. I would be suprised if they were successful.
I was referring to the Bid/Ask depth, about 2 times the average depth, not the volume traded... Never seen such a depth....