Todays Bonds

Yeah, I heard this guy was training like 6guys so his intentions become obvious..you dont train people to compete in the Eurex with you, you train the to infiltrate other markets..so Im guessing these guys are starting to get their feet wet on the ECOT inthese quiet markets..then gradually build themselves up to fulltime..but its exactly like minx said, bid for 4000 fill 250 offer 3500..makes trying to read the order flow damn near impossible..so you just gotta focus on the charts and forget about whats offered or bid..but doing this reduces your "feel" for the action unfortunately..i hope kenyon and some others get together and spank these cocksmokers soon..
hey walker, good luck in the cpi in an hour..word on the floor is everybody is looking at this #..and the word is paper is short and they need to be squeezed..so we will see...
cheers from usa

Cheers tens,
I have recently started looking at Eurodollar on CME, it seems to be working out OK although the spreads trade very differently to the Liffe contracts, You can be leaning on 50000lots against 2000 one moment and the nextthe 50k is 1k and you gotta scratch. Just hang out for the lucky fills but seem to get those now and again. I was thinking that there would be lots of American traders who were not used to executing on screen making lots of fat fingers but doesn't seem as easy as that. Also any hope of arbing Liffe vs CME Eurodollar for a tick has gone, not possible IMO too tight and sewn up by the autospreaders.

Interesting! Is there a lot of volume in the LIFFE Eurodollar now? Is it also traded london hours, as part of my commodity/equity research I'm also looking at the ED and Euribor spreads as a more longterm trade, about 2-4 week. They seem to trend really nicely over time just like the outrights. Thing is I much prefer to look at things on a screen infront of me rather than waiting for a quote from a broker and then waiting for fills/confirmations etc....
Are they still doing that 'do 1 eurodollar and get 3 euribors free' offer?

Yeah, Liffe are still doing some deal like that but thing is I haven't traded a single lot of liffe ED as globex volumes are much better. I think screen volume on globex now exceed floor volume so the change is coming.
I have often thought of position trading Euribor spreads too but always end up taking my tick or two and getting on with the next trade. Problem I have is that while I wait to take a big move out on a trend I could probably have done many scalps made more money and also get my volume up for some rebate.

Gotta love today..3 tick range all morning..cheers

haha...
Yeah, I am ignoring it totally, working on other things. I have 450 spreads on since last week and no hope yet of getting out.
My last hope in life right now is that Greenspan can stir things up tomorrow afternoon.

Im still trying to scalp ticks..an exercise in futility...the CPI on friday was awesome though...
you didn't get enough volume to get out of your spreads on friday??

No, just did some other stuff, the spreads are too well hedged up so I need a few to move to get out. Friday afternoon was not brilliant for me but got a few things done.