Question in crude oil future

[maxhung]

Hello, we find the floor trading of CLU5 with no time and sales. Please check what is the problem, thanks.

Max Hung

[ACM]

maxhung
As far as I can see T&S for CL U5 is updating (times shown are EDT).
Alex

[maxhung]

Alex
How can I know the bid price and ask price on this time and sales ? Do u think the time and sales is normal ?

Thank you

[maxhung]

Alex,
Would you tell me the price with no bid and ask is due to exchange or esignal ? We would like to know the answer and how to correct it by esignal ? please reply, thank you

Max

[ACM]

Max
It appears normal to me. AFAIK most exchanges do not transmit Bid/Ask while a contract is traded in the pit. Once the contract switches to electronic trading then they transmit also Bid/Ask
Alex

[maxhung]

Alex
The "time" in the time and sales is shown for my location, my location is faster then your time 12 hours, my captured picture means the floor trade in US.
Max

[ACM]

Max
I am not sure I understand what you mean. The image I posted earlier was taken a couple of minutes before I posted it (which was at 10:16 Eastern Time) and in fact it shows trades at 10:14 approximately. That is during floor trading and as I said I would not expect to see Bid/Ask during RTH only in ETH
Alex

[maxhung]

Alex,
would you tell me the trading is floor trade or pit trade at your location 3:00pm ?
Max

[ACM]

Max
Floor trade or pit trade are the same thing. Irrespective it would not be trading at 3:00pm (Eastern Time).
Click here to view the specifications for the contract.
Alex

[maxhung]

Alex,
After reading the web page from NYMEX, we ensure no bid and ask at the start of floor trade (10:00 am). Is it normal ? But CLV5 does not same as CLU5, it had bid and ask at floor trade period. Does it is the problem in exchange ?
Thank you.

Max

[ACM]

Max

After reading the web page from NYMEX, we ensure no bid and ask at the start of floor trade (10:00 am). Is it normal ?

Please see my reply to the same question earlier in this thread

CLV5 does not same as CLU5, it had bid and ask at floor trade period. Does it is the problem in exchange ?

I believe Scott Johnson already replied to this question in another thread on the same subject
Alex

[maxhung]

Alex
Would you ensure the price from NYMEX also no bid and ask in CLU5 ?
Thank you
Max

[ACM]

Max
I am not sure what you are asking. Anyhow I would suggest that you contact Nymex directly through their web page or email to find out that information
Alex