DTC Protocol Discussion Forum

Date/Time: Fri, 29 Nov 2024 16:49:24 +0000

Post From: Volume VS open interest

[2016-03-21 09:15:11] Link To Thread - Link To Post [Go To First Post]
vbmithr - Posts: 204
Will investigate. EDIT: The bug was mine. So to be completely sure, in the case of futures (BitMEX only trade futures): Volume is number of contracts traded during a period of time. OI is the number of trades during this period. IMO you should not call this Open Interest. Open Interest is defined as the number of contracts in existence at a certain point of time, which is not equal AFAIU to the number of trades during a period. If you buy my contract, then sell it back to me, there is 2 trades but 1 contracts in existence after the trades. Date Time Of Last Edit: 2016-03-21 16:30:00