Computer Madness

DaxDestroyer · Mar 28, 2008, 8:57am

Welcome to computerized trading

Brainless Computerized Trading … | Riding the DAX

Have you seen the "Bund Crash" today???

How crazy and how different from times I traded on the floor.

So always take care, where you put your stops

A Dashing Blade · Mar 28, 2008, 9:54am

This on bloomberg . . .

BUNDS: Some talk doing rounds that Eurex are investigating the sellof
in June Bund futures, and rumour it may bust trades below 115.13 --
traded between 12:17.39CET to 12:41CET. Also under investigation are
trades in Bobl contract after 12:17.39CET to 12:41CET, add traders.

arabianights · Mar 28, 2008, 9:56am

in discussion in bund thread... Eurex have let the trades stand it would seem.

(Story: nL2813590 on retuers)

DaxDestroyer · Mar 28, 2008, 10:01am

If trades stand, this would be proof, that the world is going nuts

A Dashing Blade · Mar 28, 2008, 10:22am

Our head of bund trading just confirmed to me that all trades stand.
He heard it was a fat-finger trade of around 11,500 that set off stops.

DaxDestroyer · Mar 28, 2008, 10:35am

Quote:

Originally Posted by A Dashing Blade

Our head of bund trading just confirmed to me that all trades stand.
He heard it was a fat-finger trade of around 11,500 that set off stops.

YEs ...

Decision on FGBL Vola interrupt

28.03.2008 13:53 1

Eurex Management decided the following:

ALL trades in FGBL which were under investigation will stand.
No trades will be reversed

For further inquiries please address to eurextrading@eurexchange.com

GammaJammer · Mar 28, 2008, 12:28pm

Yup - my fixed income guys saying trades stand (thankfully it wasn't us). And think the total volume was higher in the end. Someone's had a cr*ppy day thats for sure.

GJ

arabianights · Mar 28, 2008, 12:51pm

Anyone heard who it was yet? If we can get a liquidation of various positions coming into the close could be interesting.

Mar 28, 2008, 8:57am	#1
DaxDestroyer Veteran Member Member Since Dec 2007 650 Posts	Computer Madness Welcome to computerized trading Brainless Computerized Trading … \| Riding the DAX Have you seen the "Bund Crash" today??? How crazy and how different from times I traded on the floor. So always take care, where you put your stops

Mar 28, 2008, 9:54am	#2
A Dashing Blade Legendary Member Member Since Jul 2004 1,289 Posts	Re: Computer Madness This on bloomberg . . . BUNDS: Some talk doing rounds that Eurex are investigating the sellof in June Bund futures, and rumour it may bust trades below 115.13 -- traded between 12:17.39CET to 12:41CET. Also under investigation are trades in Bobl contract after 12:17.39CET to 12:41CET, add traders.

Mar 28, 2008, 9:56am	#3
arabianights Legendary Member Member Since Jan 2007 6,782 Posts	Re: Computer Madness in discussion in bund thread... Eurex have let the trades stand it would seem. (Story: nL2813590 on retuers) __________________ World's leading STIRs chatroom - www.propboards.com - register, then click on chat. Don't let the lack of posts on the forum put you off - the action happens in the chatroom. Targeted at locals, but hedge funds, brokers (including IDBs), market makers, and a few sizable amateurs are all represented. When it's quiet, banter is encouraged and anything goes. No nuisance spread betters please. Anyone else welcome.

Mar 28, 2008, 10:01am	#4
DaxDestroyer Veteran Member Member Since Dec 2007 650 Posts	Re: Computer Madness If trades stand, this would be proof, that the world is going nuts

Mar 28, 2008, 10:22am	#5
A Dashing Blade Legendary Member Member Since Jul 2004 1,289 Posts	Re: Computer Madness Our head of bund trading just confirmed to me that all trades stand. He heard it was a fat-finger trade of around 11,500 that set off stops.

Mar 28, 2008, 12:28pm	#7
GammaJammer Legendary Member Member Since Sep 2004 4,751 Posts	Re: Computer Madness Yup - my fixed income guys saying trades stand (thankfully it wasn't us). And think the total volume was higher in the end. Someone's had a cr*ppy day thats for sure. GJ __________________ "That which doesn't kill me makes me stronger"

Mar 28, 2008, 12:51pm	#8
arabianights Legendary Member Member Since Jan 2007 6,782 Posts	Re: Computer Madness Anyone heard who it was yet? If we can get a liquidation of various positions coming into the close could be interesting. __________________ World's leading STIRs chatroom - www.propboards.com - register, then click on chat. Don't let the lack of posts on the forum put you off - the action happens in the chatroom. Targeted at locals, but hedge funds, brokers (including IDBs), market makers, and a few sizable amateurs are all represented. When it's quiet, banter is encouraged and anything goes. No nuisance spread betters please. Anyone else welcome.

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