Electronic Traded Contracts See A Shift
Electronic Trading is gaining an ever-increasing share of overall futures trading volume. Electronic trading is less expensive, more accurate and provides much faster fills when compared to traditional open-outcry markets. Most electronic exchanges provide nearly instantaneous fill reporting. Electronic exchanges also allow traders to access more relevant and accurate information on current market conditions including current bid/offer price and size. These advantages have facilitated the replacement of most all foreign pit-traded contracts with electronically traded versions.
While the New York markets continue to lag behind on this trend, as you can see, Chicago is seeing a major shift in volume on those contracts that are traded electronically. Here are the latest numbers related to the Chicago Board of Trade and Chicago Mercantile Exchange electronically traded contracts.
While the New York markets continue to lag behind on this trend, as you can see, Chicago is seeing a major shift in volume on those contracts that are traded electronically. Here are the latest numbers related to the Chicago Board of Trade and Chicago Mercantile Exchange electronically traded contracts.
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