Has anyone noticed block trades that get done in this fashion, 300, 358,500, 700, 1003, 1194.. etc. Are these trades done on the floor? Who is taking the other side of these trades?? Is this in conjunction with T-auctions? So many questions.. lol These types of trades always throw me off. Another reason why equities for some are more transparent.
Both 30yr and 10yr bonds are approaching overhead resistance. Ah what to do, what to do? I think I'll sell a couple; while looking for a slight pullback or at least some sideways action.
You may already realize this, but I'll point it out for others that may not be familiar with it. On the bond and note futures, trades are reported with the cumulative total size traded at that price, until a new price is printed, in which case the size resets to only the size of the new trade. In your example, the trade sizes for each print after the first was: 58, 142, 200, 303 and191 contracts. Put another way, assume the following trades are recorded with the given price and trade contract size: 112.0 15 112.0 10 112.0 150 112.0 2 111.31 15 111.31 4 112.0 1 These trades would appear on the Time and Sales as follows: 112.0 15 112.0 25 112.0 175 112.0 177 111.31 15 111.31 19 112.0 1 Again, this may already be clear and may not answer your question, but hopefully it will be helpful to someone. -Eric
Late-afternoon rally fizzles to close near opening range ... a sell sign for me Count me in short one ZBH4 at 110-08 with a stop just above today's high.
Hey thanks Eric.. that helps me a lot.. Not sure of the logic, versus time and sales.. It doesn't seem as transparent as the ES. Thanks again though.
who trade futures looks at cash prices at the same time? I only have access to TYX and TNX yield data but think I do not have the edge someone with access to Cantor Market Data or ICAP data might have