Bid/ask spreads widened across many regions and expirations after the release of the Case Shiller #’s this morning. The attached table shows the history of the CS indices over recent history, the CME markets for the front G14 (Feb 2014) contract during late Monday, the actual CS #’s that were … Read More
I’ve posted delayed prices for the CME Case Shiller futures from earlier in the day in the Reports section (here) to give traders a reference point of where markets where before tomorrow morning’s release of the November Case Shiller indices.
Bid/ask spreads compressed during the month for every … Read More
The CME futures reacted to yesterday’s release of the September Case Shiller indices by performing what we used to call an accordion market. One side (in this case primarily the offers) was unchanged, while the other pulled away (in this case with bids dropping). We’ll see over the next few … Read More
While recent volume in CHIX13 helped to bring some attention to trading in the CME Case Shiller futures contracts, the real value-added will come when longer-dated contracts begin to be quoted with tighter bid-ask spreads. That will shift the discussion from measurement of recent home price trends, to the viability … Read More
Quotes on the CME Case Shiller futures generally (with the exception of LAX and SDG) moved lower today after this morning’s release of the August Case Shiller indices. Bids tended to drop more than offers leading to wider bid/ask spreads. The spread widening more was more pronounced in longer-dated contracts. … Read More