NexusFi: Find Your Edge


Home Menu

 





Where to find out OPEN INTEREST?


Discussion in Commodities

Updated
      Top Posters
    1. looks_one choke35 with 11 posts (0 thanks)
    2. looks_two jirakst with 10 posts (1 thanks)
    3. looks_3 paps with 2 posts (0 thanks)
    4. looks_4 SMCJB with 2 posts (1 thanks)
    1. trending_up 6,049 views
    2. thumb_up 2 thanks given
    3. group 4 followers
    1. forum 25 posts
    2. attach_file 2 attachments




 
Search this Thread

Where to find out OPEN INTEREST?

(login for full post details)
  #21 (permalink)
 choke35 
Germany
 
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
Posts: 2,668 since Feb 2013
Thanks Given: 5,101
Thanks Received: 6,558

For the terminology see:
Explanatory Notes - CFTC
esp. section "Old and other futures" (e.g. for "last") and "Supplemental Report" (e.g. for "swap")

The release schedule is as follows:
Release Schedule - CFTC
(That's why I hinted at the lag more than once. Making short-term trades based on CoT is relatively pointless.)

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Request for MACD with option to use different MAs for fa …
NinjaTrader
Searching for CurrentMonthOHL Indicator
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Wicked Renko Bars
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Tao te Trade: way of the WLD
37 thanks
Deaddogs Stock Trading
27 thanks
GFIs1 1 DAX trade per day journal
27 thanks
Supertradersams Thread Journal on NQ/MNQ
24 thanks
Leaving CFD trading and learning futures
11 thanks

(login for full post details)
  #22 (permalink)
jirakst
Pardubice
 
Posts: 18 since Jul 2015
Thanks Given: 0
Thanks Received: 1

I read those before but have found no explenation there. I've searched the Notes for terms Swap and Last Day with no results and in the Schedule is current release date 4th Sempt, but the CoT report is from 1st. And still I am wondering about the "Crude Oil"...

Reply With Quote
(login for full post details)
  #23 (permalink)
 choke35 
Germany
 
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
Posts: 2,668 since Feb 2013
Thanks Given: 5,101
Thanks Received: 6,558



jirakst View Post
I read those before but have found no explenation there. I've searched the Notes for terms Swap and Last Day with no results and in the Schedule is current release date 4th Sempt, but the CoT report is from 1st. And still I am wondering about the "Crude Oil"...

If you can't participate in physical delivery, that's "just another Crude symbol" for you - this time settled financially.
https://www.cmegroup.com/trading/energy/crude-oil/brent-crude-oil-last-day_contract_specifications.html

ad "swap": literally from the "Supplemental Report" section
"The commercial category includes positions for entities whose trading predominantly reflects hedging of over-the-counter transactions involving commodity indices—for example, a swap dealer holding long futures positions to hedge a short commodity index exposure opposite institutional traders, such as pension funds."

for a swap primer see: https://en.wikipedia.org/wiki/Swap_%28finance%29

Reply With Quote
(login for full post details)
  #24 (permalink)
jirakst
Pardubice
 
Posts: 18 since Jul 2015
Thanks Given: 0
Thanks Received: 1

Ok, thank you very much. It really helped me.

Reply With Quote
(login for full post details)
  #25 (permalink)
 choke35 
Germany
 
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
Posts: 2,668 since Feb 2013
Thanks Given: 5,101
Thanks Received: 6,558


jirakst View Post
Ok, thank you very much. It really helped me.

You're welcome

Reply With Quote
(login for full post details)
  #26 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Posts: 5,008 since Dec 2013
Thanks Given: 4,334
Thanks Received: 10,100

Two things I will add
1) CFTC is a US agency and as such the CoT report only includes US exchanges. ICE do self report a similar style report to CoT but you have no idea whether the positions they report are additive or offsetting to US reported positions.
2) Looking at just futures ignores a very large piece of the pie. There are all sorts of other instruments that will mirror futures risk that do not necessarily get reported. Also how do they treat spreads that clear AS SPREADS. Do they separate these into their respective individual commodities?
All in all I believe CoT may give you a good picture what Banks/Professionals/CTA's/Hedge Funds etc are all doing but I do not think it gives an accurate picture of what major 'industry' players are doing as it excludes so much of their risk.

Reply With Quote
The following user says Thank You to SMCJB for this post:





Last Updated on September 9, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts