30-Year T-bond Tick Increases to 1/32nd on August 30, 2009

Strong demand for the long end, full tick performed well.

 

I agree, size and volume seem to be picking up relative to the ten year everyday. It had a shaky start though.

I heart full ticks

 

I will start trading them again.

As ticks get smaller profits for discretionary traders go down. (in my opinon)

The few times I examined my profits in different instruments... when I used to have good profits... - they came very close to the tick size per contract minus commission. Coincidence? perhaps - but perhaps not.

 

I missed the start but I'm sure the rollover and the holiday week had something to do with that.

 

Nice depth these days. Seeing some big size going through on all contracts.

 

The people saying hurray are probably floor traders/market makers who will make more money off the spread. Everyone else loses.

Time to complain to the CFTC (202) 418-5000
questions@cftc.gov

 

Among others.

 

Switch to full ticks has made no difference.

Volume and depth is still one third to one quarter of the volume and depth of the 10 year, just like it was before the change.

 

The tick increase in ZB has made the contract much more tradable. Without it, I wouldn't trade ZB.

 

OK. Volume around the same. First five ticks (5 prices full, 10 prices 1/2) running 30-35% deeper, minimally . Not sure what you look at.