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Old 08-27-2007, 05:04 PM   #1

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Now that the Russell has moved...

I myself began to exclusively trade the ER2 a few months before it moved to ICE. Now that it's not on Globex I have tried trading Soybeans, YM, and ES.

In my opinion all of these contracts suck compared to the ER2. If it's not the range that's too tight (ES), it's the tick value (YM), and if it's not either of those its the slow thin trading (S).

If you mainly traded the ER2 what have you been trading lately and how are you liking it?
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Old 08-27-2007, 06:06 PM   #2

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Re: Now that the Russell has moved...

Am I missing something? ER2 still trades on CME, o at least I do every day. The change takes place in Aug 2008 not 2007
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Old 08-27-2007, 06:23 PM   #3

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Re: Now that the Russell has moved...

Quote:
Originally Posted by bh_trade »
Am I missing something? ER2 still trades on CME, o at least I do every day. The change takes place in Aug 2008 not 2007
Really?

If you don;t mind my asking what broker do you use? Both that I use cannot calculate the required margin for the Russell mini on the Globex platform.

and that started on August 17th, the same date that ICE officially took over.

Here's the PDF that was emailed to me when I questioned about it:

http://www.nybot.com/news/pressRelea...unch072507.pdf

It says August 17th 2007
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Old 08-27-2007, 07:25 PM   #4

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Re: Now that the Russell has moved...

I am still actively trading the ER2 on Globex, clearing through MF Global (Man Financial)
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Old 08-27-2007, 07:30 PM   #5

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Re: Now that the Russell has moved...

Hi Mr Paul... I have to agree 100% with you... there is no future that emulates what russell used to be, it is a real pitty and I hope we can have it as it was sometime in the future...

My experience previous to this small vacations I am taking on futures has been with YM... it is the only future at this point wich has a more decent range to my apetite, thought the tick value I feel working for the half money but apart from that I would say YM has been my choice.... any way its not Russell... I even named one of my cats under Russell... cheers Walter.
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Old 08-27-2007, 08:22 PM   #6

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Re: Now that the Russell has moved...

MrPaul,
If the ER2 is not a possibility b/c you liked the movements and the ES is too 'small', why not trade the ES with more size and go for smaller moves? Just an idea.
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Old 08-27-2007, 08:56 PM   #7

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Re: Now that the Russell has moved...

"If you don;t mind my asking what broker do you use? Both that I use cannot calculate the required margin for the Russell mini on the Globex platform.

and that started on August 17th, the same date that ICE officially took over.

Here's the PDF that was emailed to me when I questioned about it:"


I chart and trade using tradestation and have had zero problems with ER2 lately. I truly thought the changeover wasn't until Aug 2008. I read your attached file. Perhaps they are trading concurrently right now? But I know my feed and my executions are going through CME. Have not noticed a significant volume decrease either.

I am eyeing a new contract to trade, been leaning towards YM, but I seek a similar tick value/daily range relationship and nothing else comes close. So until a noticeable change of character takes place in ER2 (slower volume and/or liquidity issues) I will stick with ER2 for now.
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Old 08-28-2007, 12:07 AM   #8

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Re: Now that the Russell has moved...

Russell Index contracts will be listed at CME Group through the SEP 2008 expiration.
The alternative probably would be S&P SmallCap 600 futures
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