Gelber might be doing something like this or it might be something more like a FICC division (like Goldman, Lehman, Citi, etc).
If you trade significant electronic volume in any of the CME or CBOT contracts it is worth leasing a seat (even if you won't be trading on the...
Goldman selling vol in size. About 5000 March straddles and another 5000 Feb straddles just now. Their position is short about 75,000 straddles...
Two totally different ball games. 10yr trades enormous size and has LOTS of paper. You can very easily get run over by a 5000-7000 lot out of...
Don't trade when he is active, if whoever it is trades say 10% of bund volume that leaves about 900,000 contracts a day trading that he isn't part...
Pabst, Couldn't agree with you more buddy. A broker with a desk right next to me enters orders on the screen on behalf of some of the who's...
Dealers seemed to have that ISM services number about an hour or so before it was released. Goldman sold 1000 in the 10yr right on the high of...
I watch it trade in front of me on the floor. I run a squawk box from a desk pretty much in the absolute middle of the floor, so pretty good...
Friday saw a monster steepening in the Treasury curve and about 10 basis points on the week for the 2yr vs. 10yr spread. Mid-2007 Eurodollars...
Laurentc, Did either the 5yr basis or 30yr basis flatten/steepen during this time period (did cash vs. futures relationships reprice)? That...
All dips will be met by dip buyers (hedge funds, real money accounts, Asians) until the data says otherwise. I definitely agree we are priced for...
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Ya, it is a standard practice for big locals in all bond markets, especially long end contracts like the Bund, US 10yr and 30yr. Just a way to...
In that specific situation the guy obviously wasn't hit on 100,000 futures (was just locking up the market showing that size on both bid and offer...
Ya, but when you are short gamma in the form of short straddles you have to hedge by buying futures on the upside at your pain point and likewise...
They don't protect their position. If need be they roll it into a different position or buy back month straddles against their short front-month...
This is info I gathered by myself throughout the day. I am located on the floor of the Chicago Board of Trade in the financial room. Pretty good...
Market began to sell-off on rumors of a very strong Philly Fed this morning (was rumored by New York to be around 11.0). Of course that didn't...
No, rate-lock selling always before corporate issuance, supposedly 20 billion for next week. But the majority of these dealers were probably...
Typical short squeeze ahead of what should be some good-sized rate-lock selling this afternoon.
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