Fed Funds ZQ Drastic price change??

June 25th, 2019, 05:01 PM

I know this is a stupid Q, but "tech support" at AMP told me the prices were right.

FED FUNDS futures data from CQG using MT5. ZQE (CQG code) , ZQ (Globex)

June ZQEM19 is showing 97.61 while July ZQEN19 is showing 9.763

I know yesterday they were both showing similar numbers, and now the futures contract for July is now 89 points lower.
I know that can't be right.

I wonder what would have happened to my account had I bought it yesterday and held it until today. Have AMP tell me I owed them $87,000?

June 25th, 2019, 05:13 PM

Not a stupid question,

AMP is definitely incorrect.

Current Price of ZQ Jun19 is 97.62
Current price of ZQ Jul19 is 97.635

I attached a pic of current ZQ pricing from TT

June 25th, 2019, 06:53 PM

Well now it is worth $974. Darn. I should have bought it two hours ago when it was $9.74

To be somewhat fair, the MT5 price ladder is now accurate, albeit the chart is not.
Earlier today the price ladder was also off.

I'm curious if the glitch was from CQG or MT5. I've had weird data issues before with CQG and they showed up on both MT5 and NT8.

Fed Funds ZQ Drastic price change??

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Fed Funds ZQ Drastic price change??