YM is an embarrassing index futures instrument

Discussion in 'Index Futures' started by BPtrader, Dec 14, 2009.

  1. It often has a spread of 2 points, no liquidity to support its 1-point increment.

    I think YM should declare a 3-point increment, to avoid this embarrassment of 2-point spread.
     
  2. why don't you just condense your market depth to 3 levels? then it'll be more aesthetically suited to your tastes
     
  3. Feel free to "sweep the screen" up and down in order to create the bid-ask spread that you want. :cool:
     
  4. Pekelo

    Pekelo

    ...which is still less than 1 tick ES.

    1 tick YM spread is a possibility, not an obligation.
     
  5. maxpi

    maxpi

    It was thin today and it will be tomorrow up until the FOMC.. whatever... take the time off... I like days off better than really profitable ones anyhow...
     
  6. aint thin now...really only thin if you are throwing 10 or more cars at it
     
  7. shouldn't be thin at all time, because the index has 30 stocks to back it up. Those who manage YM index are either incompetent or lazy.

    A well-managed index should never lack liquidity due to the contribution of component stocks.

    YM managers should take a lesson on the conversion between the index and its component stocks.
     
  8. NKNY

    NKNY

    ???