02-15-2009, 01:38 PM
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#26 |
Join Date: Jan 2007 Location: USA Thanks: 1,912
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| Re: Bond Futures, Not Sexy but Worth a Look! Quote:
Originally Posted by bathrobe » Thank you for your help Brownsfan and Ronin.
Brownsfan, I was trading ZB on January 16 of this year and the bid/ask was as high as a gap of 6 ticks. Do you recommend a timeframe to start with?
Much appreciated,
Chris | Chris - during 'normal' conditions there is no spread, meaning there is bids/asks on each side. You will however see a spread or gap on the DOM during the big econ announcements - non-farm payroll, etc.
Other than that, the ZB usually has bids/asks 5 levels deep on the DOM. And if the ZB depth is not what you are looking for, the ZN has a ton of depth and volume, with the same $ movements per tick. I personally think the ZB moves more (could be a correlation of lesser volume) but the ZN is a great option as well. I like the ZF too, but less $ per tick so I usually place trades on the ZN or ZB.
Best thing to do is open up a DOM on Tues and see for yourself. OEC customers have access to this data for free, some other data providers will charge extra for it.
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