YM DOM 10 Deep Again

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?

GL today.

 

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...

Thanks!