********************************************************************************
                 Liquidity report produced on 23/12/2025 21:34                  
********************************************************************************


This report reports on the liquidity of various futures contracts. 
The volumes in contracts are for the expiry which currently has the highest volume, and are averaged over the last four weeks
The risk shown is the volume translated into risk in $million. We multiply the contracts by the risk per contract, as an annual $ amount
It's recommended that the minimum volume a retail trader considers is 100 contracts or $1.5m per day(*) indicates a position currently held in my own trading system

=================================
       Sorted by contracts       
=================================

               contracts     risk
OATIES               263     1.11
LUMBER-new           372     1.10
RICE*                415     2.06
JGB-SGX-mini         580     1.38
OJ*                  596    12.49
SILVER-mini*         779    37.14
DAX                 1860     6.15
GAS_US_mini         2078    12.44
PALLAD              2683   164.47
CHF*                4082    40.56
SMI                 4775    74.45
NZD                 5101    22.69
DX                  5280    27.92
FEEDCOW*            5413   171.01
ROBUSTA             6525    97.02
SP400*              6692   339.87
CAC                 8000    79.96
COFFEE              9505   391.14
COCOA*              9857   310.94
MXP*                9999    18.55
GBP*               12444    61.61
GASOLINE*          12755   231.40
CAD                13075    45.24
PLAT*              13633   456.09
HEATOIL*           13647   361.92
AUD                14111    64.91
LEANHOG*           14377    97.87
LIVECOW            14700   236.18
COTTON2*           14772    57.84
CANOLA*            15681    29.85
COPPER*            15686   466.38
REDWHEAT*          16205    86.43
RUSSELL            18231    42.66
JPY*               20304   150.76
SOYMEAL            25338   136.92
EUR                26075   183.08
DOW                27098    73.41
SOYOIL*            28661   165.48
GASOIL*            32766   593.39
VIX*               33895   217.82
WHEAT*             34624   160.28
CRUDE_W            37076   447.86
SUGAR11*           40213   158.16
BITCOIN            45391   182.58
SOYBEAN*           50845   287.56
BUXL*              67226   894.60
EUROSTX*           67295   524.61
EURIBOR-ICE        90208   152.49
CORN               92832   220.66
OAT*              101942   654.56
NIKKEI*           105069   665.84
US30*             146448  1640.48
GOLD_micro        150647   997.04
BTP               152778  1001.97
SOFR              193689   327.03
US20              207432  1805.15
US10U             251857  1385.40
SP500_micro*      305051  1248.78
SHATZ             322625   313.55
NASDAQ_micro*     349611  2975.39
US2               392312   927.58
BOBL              421024  1354.83
BUND*             519621  3232.41
US5               630453  1871.81
US10              846829  3638.97


=============================================
$m of annualised risk per day, sorted by risk
=============================================

               contracts     risk
LUMBER-new           372     1.10
OATIES               263     1.11
JGB-SGX-mini         580     1.38
RICE*                415     2.06
DAX                 1860     6.15
GAS_US_mini         2078    12.44
OJ*                  596    12.49
MXP*                9999    18.55
NZD                 5101    22.69
DX                  5280    27.92
CANOLA*            15681    29.85
SILVER-mini*         779    37.14
CHF*                4082    40.56
RUSSELL            18231    42.66
CAD                13075    45.24
COTTON2*           14772    57.84
GBP*               12444    61.61
AUD                14111    64.91
DOW                27098    73.41
SMI                 4775    74.45
CAC                 8000    79.96
REDWHEAT*          16205    86.43
ROBUSTA             6525    97.02
LEANHOG*           14377    97.87
SOYMEAL            25338   136.92
JPY*               20304   150.76
EURIBOR-ICE        90208   152.49
SUGAR11*           40213   158.16
WHEAT*             34624   160.28
PALLAD              2683   164.47
SOYOIL*            28661   165.48
FEEDCOW*            5413   171.01
BITCOIN            45391   182.58
EUR                26075   183.08
VIX*               33895   217.82
CORN               92832   220.66
GASOLINE*          12755   231.40
LIVECOW            14700   236.18
SOYBEAN*           50845   287.56
COCOA*              9857   310.94
SHATZ             322625   313.55
SOFR              193689   327.03
SP400*              6692   339.87
HEATOIL*           13647   361.92
COFFEE              9505   391.14
CRUDE_W            37076   447.86
PLAT*              13633   456.09
COPPER*            15686   466.38
EUROSTX*           67295   524.61
GASOIL*            32766   593.39
OAT*              101942   654.56
NIKKEI*           105069   665.84
BUXL*              67226   894.60
US2               392312   927.58
GOLD_micro        150647   997.04
BTP               152778  1001.97
SP500_micro*      305051  1248.78
BOBL              421024  1354.83
US10U             251857  1385.40
US30*             146448  1640.48
US20              207432  1805.15
US5               630453  1871.81
NASDAQ_micro*     349611  2975.39
BUND*             519621  3232.41
US10              846829  3638.97


********************************************************************************
                                 END OF REPORT                                  
********************************************************************************