Italian Traders: FTT on derivatives?

[Van 't Beste]

Ciao Italian traders,

I was wondering how the Italian FTT, now levied on derivatives aswell, is being felt by traders?

How big is the drop in volume? Massive rise in spreads? Does the market still behave like before the 1st of September? Etc..

Grazie mille!

Greetings from Belgium,

Van 't Beste

 

[Liquid validity]

Ciao Italian traders,

I was wondering how the Italian FTT, now levied on derivatives aswell, is being felt by traders?

How big is the drop in volume? Massive rise in spreads? Does the market still behave like before the 1st of September? Etc..

Grazie mille!

Greetings from Belgium,

Van 't Beste

Predictable outcome, massive drop in volume:
http://www.risk.net/hedge-funds-rev...ontinues-to-cloud-the-horizon-for-hedge-funds