Evaluating some of the newer, more niche futures products on various exchanges. Liquidity is always a primary concern. What's your minimum acceptable average daily volume for considering a new contract for consistent trading?
It really depends on your order size and strategy. If you're just dipping your toe in with 1-5 contracts, even 100-200 ADX might be workable, but you'll definitely see wider spreads. Are we talking about micro-futures or full-size contracts here?
That's a tough one. For me, anything less than 500-1000 contracts ADX is a hard pass for consistent trading. You just can't get good fills otherwise, especially on bigger orders.