Why is ice always going down? lol

Discussion in 'Commodity Futures' started by eternitysgarden, Aug 28, 2008.

  1. 8/27/2008 6:33 PM General

    The Ice Exchange is current closed due to problems we will update you when we get more information.
  2. bone

    bone ET Sponsor

    You'd think that making $1.3M pure vig in the OTC market every day they'd buy some more ECN capability.

    Globex is such a Ferrari.

    Maybe that's it - ICE doesn't really give a shit about futures.

    Which would explain why CME has such a hard-on for the OTC market.
  3. RL8093


    It's all part of their plan to lure the ER2 traders over .... :p :D :p

  4. Why is ice always going down? lol

    I thought ice floated
  5. The downtime was close to their already scheduled maintenance, so it wasn't too terribly bad.

    Last time it went down in the middle of the day, someone pulled the power at a data center. It could've happened to any electronic exchange, Municipal codes where the data centers are dictate this (emergency power shutoffs).

    Globex isn't built for bilateral, which is how alot of the OTC stuff is transacted.
  6. If there was a problem yo I'll solve it
    Check out the hook while my DJ revolves it

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    Yo man let's get out of here
    Word to your mother