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Block trades with the CME

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Oberbayern, Germany
Trading Experience: Beginner
Platform: Sierra Chart
Broker/Data: Interactive Brokers
Favorite Futures: Where the action is
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Posts: 320 since Jul 2016
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Grantx View Post
I see. Is it the cme that hides the big orders in the form of icebergs and absorbtion levels so that no one can see them?

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No, all orders sent to the exchange can be viewed by all data subscribers in real time. Icebergs are handled on the customer side, and "hide" the full size by breaking a large order into smaller lots that are sent to the exchange only when the prior lot gets executed. This is entirely unrelated to block trades.

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