Contract Volume Rank
Last updated
Last updated
The Contract Volume Rank indicator ranks the top futures contracts regardless of their expiration date, according to the aggregate dollar volume traded in the last 24-hours.
The Volume Rank metric is helpful to estimate the liquidity among top futures contracts. In general, high volume tends to be a sign of high liquidity, which is positive for both traders and the market itself.
Traders may want to look at the contracts with highest volumes as these are more liquid and can therefore provide lower transaction costs to them. Additionally, they may want to see what investment horizon most traders are investing in based on the contractsβ settlement dates.