Entering Exchange-Traded Spreads

Currently, CQG Trader supports eCBOT reduced tick spreads only.

A calendar spread is a simultaneous buy and sell orders for the same commodity with different delivery months.   Reduced tick spreads are a version of the calendar spread has a smaller minimum tick size movement than that available in other strategies or outright markets. 

The format for reduced tick calendar spreads is:  <symbol root><R><strategy leg gap><month><year>

The strategy leg gap = 1, 2, 3, 4, 5, 6, or 12 or by demand.

Example:  US 5-Year Treasury Note:  FVAR1V8 (represents FVAV8-FVAX8).