Wally, I used to work in the grain room. It is definitely more laid back, hours are shorter, but income is not quite as high as the financial...
Decent amount of weak shorts covering this morning in the long end, locals were long small into the number, but reversed on the highs for size....
Ebo, Sorry didn't get to this earlier. Definitely a firesale in the long end of the curve today. In terms of paper, it was mostly Goldman...
No one wants to be short huge size heading into a long weekend with possible terrorist threats. The shorts did not really want to push to the...
Yes, makes perfect sense, thank you for the explanation. What about this huge put trade, against cash?
Have noticed some of the big guys are jockeying around some Ten-year options positions for the last couple weeks, both of them on the opposite...
My brother works in Eurodollar options but heard Goldman was selling June/Red June spreads at evens the other day, about 15,000 total, maybe a...
Exactly, futures are based off 6% coupons. Sorry, nothing else really insightful to add to this, I'm sure Pabst knows a lot more.
Predictable reactions, how about a weaker than expected Consumer Confidence a couple weeks ago that we proceedingly tanked on because all of the...
The reason Rosenthal doesn't want to switch is because they do massive Autospreading of cash treasuries versus treasury futures. Furthermore, the...
I wouldn't take money off the table yet on the ZN side of the spread. There has been size paper selling the last few days in the ten-year (not...
Exactly, sorry to get a little off topic, but some guys love to know who is doing what, I worked in the grains for a little while and the ADM's,...
Yes, Mike McKenna is filling ALL Goldman orders, while Ardel gets some stuff during roll and CSFB stuff. Mike also does Hardy's stuff when GET is...
Yes, plain vanilla transaction are done much better on the screen, for instance the 10yr futures front month, the corresponding cash market is...
Ah the good old days
There are tons of prop trading groups in the CBOT upstairs that trade the schatz/bobl/bund which are traded only on the screen on Eurex. Some of...
Someone has to provide liquidity to the worldwide futures markets on a daily basis and who better to do that than a bunch of drunk Irish, Italian,...
Agreed, the low rates across the world have caused everyone to become starved for yield. Look at the Japenese, they are getting about 200 more...
Bloomberg has the real-time vols but this is obviously not a cheap alternative. Only other suggestion would be to call up your broker and have...
It just seems like the paper that was long the bond as of late through flatteners has all of a sudden thrown in the towel and gotten short 30yrs...
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