We’re still working out with our attorneys and with regulators ways to possibly increase position size limits effectively imposed by futures exchanges. So I hope to have an announcement about that soon.
In the meantime, I have good news. While the position size limits have not been changed, I’ve updated the software to better show you which specific contracts are tradable. It turns out that many more contracts are tradable than you think.
Due to the way we previously displayed “maximum position size” for each contract, you may not have been aware of which contracts were actually tradable.
The technical details: previously we only showed you whether the “front month” of a futures contract was tradable for your strategy, given the number of subscribers you have. But in fact, the front month is not necessarily the month with the most liquidity, and so, in many cases, our web page merely showed you a futures symbol and said “Not tradable” – when in fact several contracts that are not technically the front-month contracts were tradable.)
To see what I’m talking about, take a look at the new Maximum Position Size page for your strategy. If you are a strategy manager here on C2, here’s what to do. First, make sure you know the systemid you are interested in (when you go to your strategy page, you will see something like: collective2.com/details/SYSTEMID). Once you have your systemid, go to this url:
(or you can pull down the “Manage → Maximum Position Sizes” menu item on your page).
TLDR: The new page shows many many more tradable contracts.
This is only the start of what I hope are several good announcements. Hopefully, our new effort to engage the exchange regulators will bear fruit, expanding the list of tradable contracts (and increasing trading speed).
For now, I hope you will be please with the new Maximum Position Size Limits page, which displays many more tradable contracts.