Why do futures markets already have bids, offers, and net changes at 2:30 Sunday?

I have an account at Tradestation and IB, and my Tradestation quotes always show bids and offers (and i guess they use the mid point for net changes) on Sunday way before the market opens. For instance it’s showing GC down 8 and ES up 15ish. Whose placing these bids and offers? How does this work? Thanks!

 

Read the contract spec at www.cmegroup.com

 

https://www.cmegroup.com/trading/why-futures/welcome-to-comex-gold-futures.html

I actually did before i posted here and I see nothing in there about premarket quote indications.

 

ECN (and some Middle East markets) still trade on Sundays during "premarket".
In Dubai for example, Friday is the beginning of the trading week.

However, buy/sell orders may not get executed due to low volume/liquidity.

 

Those are rarely if ever right this early . If there’s big news the earliest they really start adjusting them is 5:30 or so eastern . But the real trend who’s up 5:45 on usually .

 

I thought globex was its own clearing entity and either a symbol is trading or not. CME clearly lists the hours and 2:30 Sunday isn’t one of them. I see Dubai is integrated with Globex but they have different products/symbols. I can’t trade on any of these bids or offers (They are relatively tight btw) and the prices don’t change. Can someone point me to a resource that explains how Globex futures are integrated with other systems? Thanks

 

These orders are part of the Indicative Opening Price (IOP) but are not tradable until the open. https://www.cmegroup.com/education/indicative-opening-price-overview.html

 

ES is about to open 20 points lower. As this might illustrate, don't believe everything you see.

 

To be absolutely certain you can always email the TradeStation staff and ask them where these 2:30 PM Sunday prices come from.

 

PPT