Eurex Volumes Collapse

Wow - I thought the eurex crowd really pissed me off but this guy is taking it to a whole new level.

 

mgrund: I don't know where you're coming from but you sure have an axe to grind. Enough already.

Thank you.

 

So, which are you, a mug or a newbie?

Are you scared to try new products or stuck in a rut?

 

I am simply stating that as of 4pm GMT the BUND contract totally dries up.I placed a trade at approxamately 3pm GMT, and I am still in it- neither my target or stop have been filled.

Its not much to ask to ask for some movement is it?

Many of my colleagues however still trade BUNDS but only maybe 2 trades per day , and thats only just after any major US economic release of any significance, when can expect/hope for some movement.

 

Trade copper or oil, they move.

 

I have been trading electronically since its inception in 1998.So definately no newbie.As regards the " mugs"-I mean the guys that are trying to actively scalp- not position trade ( IE- look for more than 5 ticks on a trade, not in and out all day long.

I have now been in the trade for nearly 6 hours and still neither my stop or target have been hit in all that time-Just wish the dam thing would move, otherwise I will have to do what all my other experinced BUND trader guys do, and just do maybe 2 trades directly after a number release or a statement etc.Very boring to stare at a screen all day ( 9 hours) and maybe just do 2 trades, but its all about making money I guess.

 

Another reason why volumes are down a lot is the MF Global case. For sure a lot of clients just stopped or had to stop trading because their clients withdrew money under management.

 

I dont think this is the case, as those guys would simple change their Brokers.

Heres being hopeful, lets see what today brings up, and hopefully some good volume with some nice wide ranges, or will history repeat itself with 2/3 good moves with 80% ( in a 20 minute window) of the volume and die at 4pm GMT?

Im hoping this will cease to be the case when Eurex products trade continously 24 hrs from june.

 

Its Eurex FI roll-over, ECB week, NFPR week and the week when the Greek PSI needs to be resolved. I expect Bunds to be trading the same as yesterday.

If after 14 years of trading you think this is a recipe for an opportunity rich day then frankly your beyond hope.