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ALMI market makers

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SimonPB
Valued Contributor
there are now a bunch of market makers (apparently 4) .. Currently the ALMI spread is tighter then the ALSI spread .. tis good ..
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11 REPLIES 11
grommet
Regular Contributor
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SimonPB
Valued Contributor
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Not applicable
See the day ended with a spread of 36 points!
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grommet
Regular Contributor
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SimonPB
Valued Contributor
the market maker inside the ALSI spread has gone .. now ALMI same spread as ALSI ..
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Not applicable
at 10 times the cost - and lack of liquidity means you can pour your stops down the preverbial drainpipe
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SimonPB
Valued Contributor
liquidity issues fading fast .. Friday saw 1742 contracts, today already over 500 ..
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Not applicable
Hmmm - number of trades, I quess would be the correct measure here - since folks would probably be buying bigger blocks of contracts? Still - I stand corrected - those are significant improvements
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SimonPB
Valued Contributor
deals 1178 on Friday, today 250ish .. it getting there .. a price cut for trading costs would be the final thing to push ALMSI to 10k contracts a day ??
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Rams
Super Contributor
what about reducing the initial margin on ALSI futures for day trades?
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Not applicable
I agree, a brokerage cut is needed on the ALMI contracts, because you are basically paying 10 times as much as you would have for a ALSI contract
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