Front-Month Stirs

Hi everybody,

I have been looking to start trading front-month stir's and was wondering if anybody could tell me how they work?

I know they are pro-rata and I know they are generally very static, but my question is are they good markets for tick scalping?

Work bid and offer type markets being careful not to get caught offside (full attention all day), or does the pro-rata market make this impossible to get out when things move against you?

Thks in advance

I think you may find that front month STIRs, in the current environment, are anything but static...