This is the arbitrage constructed from trading the CME-listed EUR/USD Futures contract (
6E) against the CurrencyShares Euro Trust ETF (
FXE). Similar posts can be found discussing the
IWM/TF and
FXB/6B spreads. The synthetic spread between the two products can be bought or sold, depending on which trades you make in the underlying legs (6E, FXE). Due to the nature of both
Globex and the many
electronic markets providing liquidity for FXE, this particular trade is once again relegated to the realm of microsecond and co-located trading.
3:00am - 3:00pm CST, April 8, 2011
6:09am - 3:00pm CST, April 8, 2011
6:48am - 3:00pm CST, April 8, 2011
Opening 5 Minutes, 8:30am - 8:35am CST, April 8, 2011
Opening Hour, 8:30am - 9:30am CST, April 8, 2011
Full Open Market, 8:30am - 3:00pm CST, April 8, 2011
Closing Hour, 2:00pm - 3:00pm CST, April 8, 2011
Further Reading:
