For active traders, knowing when and when not to trade is a key part of conducting business competently. Desirable market conditions, specifically those that feature robust liquidity, promote efficient trade. Without adequate market depth, the trade-related costs associated with slippage, wide bid/ask spreads, and choppy price action can destroy profitability. To avoid such pitfalls, it… Read more.
Holiday Futures Trading
In the futures markets, holiday trading poses a collection of unique challenges. Abnormally thin market depth frequently results in choppy price action, wide bid/ask spreads, and increased slippage. Each of these factors can undermine your profitability and reduce trade-related efficiency.
The Chicago Mercantile Exchange (CME) is the world’s largest futures marketplace. Traders from around the world engage the CME on a daily basis, courtesy of its CME Globex electronic platform. The exchange’s regular business hours are nearly 24/5, but 11 U.S.-recognized holidays affect its schedule. Here is the CME Group’s futures market hours holiday schedule… Read more.