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Old 07-07-2008, 08:32 AM   #1
rs1

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Questions Re NQ

Hi all,

I have recently started looking at the NQ as an instrument to trade and have a couple of questions.

The size on the bid/ offer is relatively small ( I don't think I have seen more than 20 to 40 contracts a side since I started looking at it) and the depth of the book is only two prices deep. Does this mean that these orders are iceberg orders and you could do much larger size there if required? And is the order book really only two deep?

Thanks for any help.
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Old 07-07-2008, 11:40 AM   #2

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Re: Questions Re NQ

Quote:
Originally Posted by rs1 »
Hi all,

I have recently started looking at the NQ as an instrument to trade and have a couple of questions.

The size on the bid/ offer is relatively small ( I don't think I have seen more than 20 to 40 contracts a side since I started looking at it) and the depth of the book is only two prices deep. Does this mean that these orders are iceberg orders and you could do much larger size there if required? And is the order book really only two deep?

Thanks for any help.
Sounds like the platform of your broker is limiting the depth. Here's my OEC screenshot of the NQ:




I would get a demo from OEC or Infinity to compare b/c if you are only seeing 40 contracts max on a side, then something is wrong. See my screenshot for an example.
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Old 07-11-2008, 08:47 AM   #3
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Re: Questions Re NQ

Thanks for the help Brownsfan, I will look into it.
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