[The Bear]

In another post you guys recommended ER2 as a fast market on CME for intra-day trading. What is THE fastest regular sized (or mini) contract on CME that has good liquidity for intra-day trading....and available on GLOBEX during the day.

By and far, for the mini-sized contracts, you'll find that the ER2 Russell has the most volatility on the CME. However, you'll find some slippage if you try to trade more than 10 lots at a clip.

[The Bear]

Originally Posted by cooter »

By and far, for the mini-sized contracts, you'll find that the ER2 Russell has the most volatility on the CME. However, you'll find some slippage if you try to trade more than 10 lots at a clip.

Nice. Thanks for this info. I wonder what the spread is like.

Anywhere for 1 to 5 ticks wide at times. It can get really thin after-hours, so your best bet is during RTH (9:30-16:15 ET).

[kerry123]

ER2, gap is all I do

[torero]

Originally Posted by kerry123 »

ER2, gap is all I do

Hi Kerry and welcome to TL! So what do you days there are no gaps?

I hope you're not doing any gap plays on the Russell. At $100/pt ($10/tick), even with stops, with the volatility of the ER2, you could face a real expensive lesson the hard way.

[weiwei]

Cooter, good point on ER2 gap. It is a wild bronco and get ready for the wild ride.

But if you can trade ER2 well, then it will reward you handsomely.

weiwei