Block trades with the CME | Traders Hideout - futures trading strategies, market news, trading charts and platforms

Traders Hideout

Discuss day trading practices and futures trading strategies on this forum for all markets. This forum is also for discussing and reviews for brokers, data feeds, and commercial or third party add-ons


Block trades with the CME

  #3 (permalink)

Munich, Germany
Trading Experience: None
Platform: Sierra Chart
Broker/Data: Interactive Brokers
Favorite Futures: liquid products
Schnook's Avatar
Posts: 322 since Jul 2016
Thanks: 639 given, 1,138 received

These are privately negotiated transactions between large institutional accounts and their brokers. Sometimes these trades have multiple legs, like simultaneously selling ZF to buy a duration-neutral equivalent of ZB. Executing trades like that can get a bit sloppy or expensive if you have several thousand lots to do per side and need to maintain hedge ratios, so that's when you just pick up the phone and call your broker to get it done quickly and efficiently at one price.

Reply With Quote
The following 3 users say Thank You to Schnook for this post: