Definition. CME Group's electronic trading platform, where index futures including MYM are traded. It has been running since 1992.
How it works
Orders from participants all over the world go into a central order book, where they're matched by price and time priority. That's why index futures trade almost around the clock.
Example
While it's night in Europe, Dow futures still trade on Globex, though with less liquidity than in the regular session.
What to watch out for
Always check trading hours, breaks and holiday rules in the current CME calendar.
You'll find the full explanation with graphics, examples and exercises in the 🖥️ Order flow atlas space, and its use in the live market in the 🔴 Live Room. Both are available to Club members (in Polish).
