Discussion in 'Financial Futures' started by nepenthean, Apr 22, 2013.
Does anyone trade XT on the ASX? Is it liquid? Thanks!
Yes I've been trading them for around 2 years now and trade the 3 years, 10 years & Bank Bills using primarily spreading techniques.
I have two clients who trade on the SFE.
Both are former floor traders and they are spreaders. Seems to be the most consistent way to do it.
Trade AUD Bonds/ front end bills . Plenty of opportunity and volatility much more so than Euro/ US markets .
Plus in the correct time zone
Are these worth trading in European time or is the vast majority in Aussie time?
Does anyone trade these in London hours?
How liquid/active are they or is Aussie hours really the only option?
Yes there is enough liquidity to trade the Aussie bonds during the European and U.S. session.
It's a very popular thing to do. And competitive.
Yes, they're quite liquid during London hours... Dealers hedge them with USTs normally, so there's a lot of Oz - US spreading that goes on.
Don't forget that everything in Oz is backwards. They got cash-settled bond futures and physically settled STIRs.
No problem of liquidity for the Kangaroo bond, but I prefer the ETF that replicate the performance of the Aussie.
Late to the party here but I hope someone picks this up. I'm looking to trade Aus bonds from Australia but am struggling to find a broker that allows margin to clients in Aus, and APIs. Anyone have any recommendations?
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