ED size

I use the IB to watch the Eurodollar trading

I found the bid/ask sizes are huge but the last size is tiny

is it the norm?

 

Mostly. The "huge" size is comprised of lots and lots and lots of "smaller" orders. When the market gets bid-up or offered-down, larger-size can be traded from those traders who are "connected" to the cash-market and other related contracts.

 

Did you trade the Eurodollar pits Nazz? I remember that you traded the pits I just can't remember??

 

Bonds and grains. I was almost a part of the Irish Mafia at the CBOT, not the Mediterranean Mafia at the CME.