Discussion in 'Index Futures' started by jeb9999, Mar 24, 2009.
The CME has changed the YM DOM from 5 deep to 10 deep.
Does this matter to anyone?
I haven't traded the YM in a few years, but when did they reduce the depth from 10 to 5?
Yes, really cool stuff. Any idea why they did it only on grains and YM?
I was thinking it was for all ex-cbot products but financials are not included.
When the CME moved YM from the eCBOT platform to the Globex platform.
I always go Balls Deep.
Yeah, it's nice seeing DOM but there's so much chicanery going on with these scalpers (flipping orders, etc.) that I don't pay attention to it.
Heck, I don't even consider volume, really.
Some of my better fills are at 4am catching a low volume reversal.
Good stuff, though. It can be fun to watch while waiting for fills.
Are you a scalper? Is that why you watch it?
Financials should be after March 29th.
What advantage of 10 over 5?
Nothing. It's all bullshit.
Further question: what's the advantage of DOM of 5 over DOM of 1 which is just the tick(best bid and best ask)...
Let's say you have the best bid,
and the best ask,
they are different,
how, all of a sudden, the orders are matched and the trade is made?
Take ES futures as example?
Please shed some lights on me...
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