Gits (Hooglede) Belgium
Legendary Market Wizard
Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
Trading: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
Posts: 3,003 since Sep 2013
Thanks Given: 2,442
Thanks Received: 5,863
|
The daily volume in 6E (futures) is easy to follow because of central exchanges, the daily volume is roughly 250B$ and the open interest is 525B$ (directional bets)
For the FX market this is much more difficult to say, due to the lack of a central exchange. Fx is also largely handled bilateral between banks, but the volume in EUR/USD FX is much higher than the futures.
There is not a single answer to your question, in some cases a party could decide to build up a position (hedge or speculative) with futures, and will push the future in a leading role, in other cases, it could be the opposite, so for me the one is not leading to the other, it depends on the moment in time.
|