Registered: Sep 2005
10-08-12 06:49 PM
Apologies for digging up an old thread, but Ive been looking around ET of late and came across this thread.
Personally I see no value in pointing out to LIFFE that a market thats 50k up in all outrights and all spreads is actively discouraging trade, because it falls on deaf ears. Lawyers are prepared to argue that no rules have been broken, and so nothing changes.
Ive traded Euribor and the other STIRS for a long time, and though I hated the size being there, there was always some money to be had. But I think things have changed lately, and after some deep consideration, and given the macro outlook and CB actions, I think its time to start looking elsewhere. The time wasted waiting for trades to come on, and then get in and out, has extended from days to weeks. And I feel I can be much more productive with my time.
So its a question of where to focus the attention. Does anyone have any good suggestions of where a STIR trader can apply the short-end spread style of trading? Has anyone tried oil or the commodities that have intracontract spreading? Any success stories?