are there market makers on the emini futures?

[sopodo]

I read somewhere that the emini s&p 500 does not have market makers or specialists, is this true?

Is it same for the single stock futures?

 

[arabianights]

It has market makers, but not as you may be thinking of them.

 

[sopodo]

It has market makers, but not as you may be thinking of them.

Many thanks for your reply

What do you mean 'but not as I may be thinking of them'?

 

[arabianights]

You can do block trades in it with a designated counterparty if you don't want any execution risk - some of said counterparties are market markers in it.

Additionally there's plenty of traders, both human and algorithmic, who are there trying to capture the spread.

However, there are no privileges as such for being a market maker, anyone can do what they do.

There *may* be a designated market maker scheme as well, but I don't think so.

 

[sopodo]

You can do block trades in it with a designated counterparty if you don't want any execution risk - some of said counterparties are market markers in it.

Additionally there's plenty of traders, both human and algorithmic, who are there trying to capture the spread.

However, there are no privileges as such for being a market maker, anyone can do what they do.

There *may* be a designated market maker scheme as well, but I don't think so.

Many thanks for this excellent information, I take it this goes for both SSF and future indexes?

 

[arabianights]

I'm just talking e-mini here. SSF I would expect there probably are designated market makers to ensure liquidity, but I don't know either way.

 

[sopodo]

I'm just talking e-mini here. SSF I would expect there probably are designated market makers to ensure liquidity, but I don't know either way.

Oh right, okay that's great. I will further look into it. You have been very helpful. Thanks again!